Tag: Norway

UNESCO and Norway strengthen their partnership through new agreement to advance education, culture and freedom of expression

Stuart Mitchell

UNESCO Director-General Khaled El-Enany and the Government of Norway have signed a new cooperation agreement worth NOK 530 million, or roughly USD 56.9 million, reinforcing Norway’s longstanding partnership with UNESCO and supporting the Organisation’s work in education, sciences, culture, communication and information. Administered by the Norwegian Agency for Development Cooperation (NORAD), this new Programme Cooperation Agreement (PCA) for the period 2026-2029 covers three priorities: Education (NOK 330 million or roughly USD 35.5 million), Culture (NOK 120 million or roughly USD 12.9 million) and Communication and Information (NOK 80 million or…

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Deep sea mining in the Arctic stopped once again

Stuart Mitchell

The newly elected Norwegian government recently ruled out deep sea mining licenses in Arctic waters until at least the end of 2029. The agreement to stop all exploration and exploitation of deep sea minerals was confirmed after pressure from the environmental movement and hard negotiations from the green opposition parties in Norway.  Haldis Tjeldflaat Helle, Deep Sea Mining Campaigner, Greenpeace Nordic said: “Deep sea mining in Norway has once again been successfully stopped. We will not let this industry destroy the unique life in the deep sea, not in the…

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Norway ratifies the ILO Convention on Violence and Harassment

Stuart Mitchell

On 6 October 2023, Norway deposited the instrument of ratification of the Violence and Harassment Convention, 2019 (No. 190)  with the Director-General of the ILO. By submitting the instrument of ratification, Norway becomes the 33rd country in the world to ratify Convention No. 190. Convention No. 190 is a landmark instrument. It is the first international labour standard to address violence and harassment in the world of work. Together with Recommendation No. 206, it provides a common framework for action and a unique opportunity to shape a future of work based…

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Norway’s sovereign wealth fund’s move highlights importance of auditing the supply chain

Stuart Mitchell

Oliver Chapman, CEO of supply chain specialist OCI and the No.1 fastest growing company in the UK, comments on the move by the world’s largest sovereign wealth fund to focus on net zero and social policies. Norway’s sovereign wealth fund, which controls $1.3 trillion worth of assets, is planning to vote against companies which don’t have net zero plans or with high internal inequality and poor diversity. The fund says it will become a more active shareholder. It is thought that other wealth funds may follow suit. “The inevitable next…

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