Norway's Wealth Fund Challenges Climate Report Retraction

Norway's sovereign wealth fund has expressed concerns over the retraction of a significant climate report from December, suggesting that the economic impact of global warming may have been underestimated. Bloomberg posted on X, highlighting that the fund's analysis contradicts the notion that the economic costs of climate change were overstated. The fund's findings emphasize the importance of accurately assessing the financial implications of climate change to inform future economic strategies.