Norway wealth fund exit: French miner Eramet dropped over human rights and environment risks; Indonesia project at centre of row

Norway’s sovereign wealth fund, valued at $2 trillion, has divested from French mining group Eramet due to environmental and human rights concerns at the Weda Bay Nickel project in Indonesia. The fund cited deforestation, habitat loss impacting endangered species, and threats to uncontacted Indigenous tribes as reasons for the exclusion.