Norway is a rich country because of its oil. It hopes to stay that way when the oil runs out. Since 1990, Norway has been putting its money from North Sea oil into a fund for future generations. The Government Pension Fund Global is now the largest sovereign wealth fund in the world.
Author: Chris Lang
Response from City Road Communications about the High Court ruling against Capital Alternatives
A little less than two hours after REDD-Monitor’s post yesterday about the Financial Conduct Authority’s High Court win against Capital Alternatives, I received an email from Paul Quade of City Road Communications, a public relations firm in London.
110 arrested in international police operation to “decimate” boiler room crime
Last week City of London Police led the biggest ever international operation against boiler room fraud, resulting in the arrests of 110 people, mainly in Spain and the UK.
Global Forest Watch tracks deforestation in near-real time. What’s not to like?
Last week, the World Resources Institute, Google and more than 40 partners launched an online forest monitoring system. It’s called Global Forest Watch. It’s free and available to anyone with an internet connection.
Bruce Rich on the World Bank’s response to climate change: 1. The Carbon Caravan
Bruce Rich’s excellent new book about the World Bank, features two chapters about the Bank’s role in climate and energy finance. Rich describes this as “arguably the most critical and intractable development issue facing the Bank and the world at large as global warming accelerates”.