Norwegian Petroleum Fund

The Norwegian Petroleum Fund, officially called the Government Pension Fund Global, is Norway's sovereign wealth fund created to manage the country’s wealth from oil and gas resources. It invests revenue from petroleum activities into global financial markets to preserve wealth for future generations and ensure economic stability. The fund aims to generate returns while ethically investing in companies that meet specific environmental, social, and governance standards. By doing so, Norway safeguards its economy against volatile oil prices and ensures that the benefits from its natural resources benefit both current and future citizens.