natgillin/translations-raw huggingface dataset:
“The starting point for our work on the strategy is to seek the highest possible international purchasing power, at a moderate risk.
– Utgangspunktet for arbeidet med strategien er å søke høyest mulig internasjonal kjøpekraft innenfor moderat risiko.
The Government Pension Fund is managed on behalf of the Norwegian people.
Pensjonsfondet forvaltes på vegne av den norske befolkningen.
Common ethical values must form the basis for a responsible management of the Fund,” says Finance Minister Johnsen.
Etiske fellesverdier må danne grunnlaget for en ansvarlig forvaltning av fondet, sier finansminister Sigbjørn Johnsen.
“More than half of the Fund is currently invested in Europe.
– Mer enn halvparten av fondet er i dag investert i Europa.
Since we have traditionally bought most of our goods and services from Europe, it has been natural to think that we are protecting the Fund’s international purchasing power against exchange rate fluctuations by investing considerably in European securities markets.
Ettersom vi tradisjonelt har kjøpt mest varer og tjenester fra Europa, har det vært naturlig å tenke at vi beskytter fondets internasjonale kjøpekraft mot valutakurssvingninger ved å investere betydelig i europeiske verdipapirmarkeder.
New research presented in last year’s report showed that the exchange rate risk in the Government Pension Fund Global is relatively small and less than previously assumed.
Ny forskning som ble presentert i fjorårets melding viste at valutarisikoen i SPU er relativt liten og mindre enn tidligere antatt.
The conclusion was thus that the Fund’s relative share of European investments should be reduced over time, so that the Fund’s geographical diversification was further improved.
Konklusjonen var derfor at fondets andel av europeiske investeringer burde reduseres over tid slik at den geografiske spredningen av fondet blir bedre.
The Norwegian parliament agreed with this view,” says Mr Johnsen.
Stortinget sluttet seg til dette, sier Johnsen.
The report presents plans for a change to the Government Pension Fund Global’s investment strategy in line with our statements last year.
I meldingen legges det fram planer for endring av investeringsstrategien for SPU i tråd med det vi varslet i fjor.
The changes mean that the European proportion is to be reduced from 54 to closer to 40 percent.
Endringene innebærer at andelen investert i Europa over tid reduseres fra 54 til nærmere 40 prosent.
The emerging markets share will increase from 6 to 10 per cent.
Andelen som plasseres i framvoksende økonomier øker fra 6 til 10 prosent.
This increase reflects the fact that the world’s economic centre of gravity is gradually moving towards emerging markets.
Økningen gjenspeiler at framvoksende markeder gradvis får større tyngde.
The investment strategy has been developed gradually since the first transfer to the Fund in 1996.
Siden det første innskuddet i fondet i 1996 er strategien for investeringene utviklet gradvis.
This year, we are taking new steps to achieve an even better geographical diversification of our investments.
I år tar vi nye skritt for å få en enda bedre geografisk spredning av investeringene.
By building further on long-term, good management, we enable the oil revenues to benefit all generations,” says Mr Johnsen.
Ved å bygge videre på en langsiktig og god forvaltning legger vi til rette for at petroleumsinntektene kan komme alle generasjoner til gode, sier finansministeren.
Results in 2011 The total market value of the Government Pension Fund Global increased by NOK 234 billion to NOK 3 312 billion in 2011.
Resultater 2011 Den samlede markedsverdien til Statens pensjonsfond utland (SPU) økte med 234 milliarder kroner i 2011, til 3 312 milliarder kroner.
The inflow to the Fund was NOK 274 billion, while its investments made a loss of NOK 86 billion or 2.5 percent.
Fondet ble tilført 274 milliarder kroner fra staten, mens avkastningen på plasseringene var -86 milliarder kroner, tilsvarende -2,5 prosent.
The return was 0.1 percentage points lower than that of the Fund’s benchmark.
Resultatet var 0,1 prosentenheter lavere enn avkastningen på fondets referanseindeks.
The value of the Government Pension Fund Norway fell by just over NOK 5 billion to NOK 129.5 billion.
Verdien av Statens pensjonsfond Norge (SPN) falt med drøyt 5 milliarder kroner, til 129,5 milliarder kroner.
The investments made a loss of 3.9 percent, which is 1.3 percentage points better than the Fund’s benchmark.
Avkastningen på plasseringene var -3,9 prosent, som er 1,3 prosentenheter bedre enn indeksen.
“Experience has shown that the value of and the return on the Government Pension Fund may fluctuate considerably from year to year.
– Erfaringene viser at verdien og avkastningen av Statens pensjonsfond kan svinge betydelig fra år til år.
The Fund is well able to tolerate such fluctuations.
Fondet har en høy evne til å tåle slike svingninger.
First and foremost because the Fund is a long-term investor.
Først og fremst fordi fondet er en langsiktig investor.
The fiscal policy rule for the use of oil revenues in the annual state budgets is also accommodated to handle such fluctuations,” says Mr Johnsen.
Handlingsregelen for bruk av oljeinntekter i det enkelte års statsbudsjett er også innrettet for å tåle slike svingninger, sier finansminister Sigbjørn Johnsen.
Over time, the management of the Government Pension Fund has created considerable value.
Over tid er det skapt betydelige verdier i forvaltningen av Statens pensjonsfond.
Since 1998, return of the investments in the Government Pension Fund Global has equalled NOK 640 billion.
Siden 1998 er det oppnådd en samlet avkastning på plasseringene i SPU på 640 milliarder kroner.
The results achieved by Norges Bank’s active management have contributed to this performance.
Også resultatene i den aktive forvaltningen i Norges Bank har bidratt til denne verdiskapingen.
The real return on the investments in the Government Pension Fund Global is estimated to be 4 percent.
Den forventede realavkastningen av plasseringene i SPU er anslått til 4 prosent.
This estimate is intended to cover both economic upturns and downturns over several generations.
Dette er et anslag som skal dekke både opp- og nedgangstider over generasjoner.
For the 1997-2011 period, the real return on the Government Pension Fund Global was an average of 2.7 percent per annum.
For perioden 1997-2011 har realavkastningen av SPU vært 2,7 prosent i gjennomsnitt per år.
The return during these 15 years is well within what must be expected to be normal fluctuations around a 4 percent expectation.
Avkastningen i disse 15 årene er godt innenfor det som må regnes som normale svingninger rundt en forventning på 4 prosent.
St. 17 (2011–2012) - The Management of the Government Pension Fund in 2011
17 (2011–2012) - Forvaltningen av Statens pensjonsfond i 2011
Long-term Perspectives on the Norwegian Economy
Arbeid trygger velferden
In particular, increased life expectancy will threaten the sustainability of our public finances unless retirement also is postponed.
Økt levealder vil utfordre bærekraften i våre offentlige finanser hvis ikke også avgangsalderen fra arbeidslivet øker.
Our wealth is more evenly distributed, and inter-generational income mobility is higher, than in most other countries.
Velstanden er jevnere fordelt og inntektsforskjeller går mindre i arv enn i de fleste andre land.
Comprehensive in-kind welfare benefits and transfers are supported by solid public finances.
Vi har omfattende offentlige velferdsordninger og solide statsfinanser.
In recent decades, populous countries like China, India and Brazil have become more strongly integrated into the global economy.
Kina og India er blitt gradvis mer integrert i verdensøkonomien.
Although the returns on the Government Pension Fund Global contribute significantly to public expenditure, the fund is far from large enough to overcome the challenges presented by an aging population.
Selv om avkastningen av pensjonsfondet gir et viktig bidrag til å finansiere offentlige utgifter, er fondet langt fra stort nok til å løse utfordringene fra en aldrende befolkning.
In 2060, this financing gap is estimated to 6 per cent of Mainland GDP.
- I meldingen anslås inndekningsbehovet å tilsvare om lag 6 prosent av verdiskapingen i fastlandsøkonomien fram mot 2060.
The white paper illustrates that it is not oil, but our collective work effort, that is the basis of our welfare.
Det er ikke oljen, men vår felles arbeidsinnsats som er grunnlaget for velferden.
London School of Economics and Political Science & Policy Network.
London School of Economics and Political Science & Policy Network.
London, 5 June 2009
London, 5. juni 2009
Session two: Seeking global frameworks to reinforce business and national action The Minister based his address on the following talking points Check against delivery.
Session two: Seeking global frameworks to reinforce business and national action The Minister based his address on the following talking points Check against delivery.
Ladies and gentlemen, dear friends,
Ladies and gentlemen, dear friends,
Anthony Giddens’ book The Politics of Climate Change is fascinating – in that it treats climate change as a political problem, rather than a moral or technological problem.
Anthony Giddens’ book The Politics of Climate Change is fascinating – in that it treats climate change as a political problem, rather than a moral or technological problem.
Solutions to the climate crisis will have to include a major role for governments and the return of planning.
Solutions to the climate crisis will have to include a major role for governments and the return of planning.
The more closely climate policies are integrated with other policies, the more likely they are to succeed and to command public support.
The more closely climate policies are integrated with other policies, the more likely they are to succeed and to command public support.
Norway’s main contribution to a successful outcome in Copenhagen will – we hope – be within the fields of: (I) Reducing Emissions from Deforestation and Forest Degradation (REDD) (II) Carbon Capture and Storage (CCS) (III) Financing (IV) Emissions from international shipping (V) Climate change in the Arctic.
Norway’s main contribution to a successful outcome in Copenhagen will – we hope – be within the fields of: (I) Reducing Emissions from Deforestation and Forest Degradation (REDD) (II) Carbon Capture and Storage (CCS) (III) Financing (IV) Emissions from international shipping (V) Climate change in the Arctic.
Within these five areas, I believe we have comparative advantages, can make a difference, and – if I may be so bold to say so – be a significant player in terms of shaping the Copenhagen outcome.
Within these five areas, I believe we have comparative advantages, can make a difference, and – if I may be so bold to say so – be a significant player in terms of shaping the Copenhagen outcome.
I’ll concentrate my address on three of these five topics:
I’ll concentrate my address on three of these five topics:
First: On REDD, we have taken a clear financial lead in the donor community and mobilised significant intellectual capacities to help shape a brand new multilateral architecture, hopefully to be included as an integral part of the Copenhagen framework agreement.
First: On REDD, we have taken a clear financial lead in the donor community and mobilised significant intellectual capacities to help shape a brand new multilateral architecture, hopefully to be included as an integral part of the Copenhagen framework agreement.
Second: On CCS, we feel a particular responsibility for easing the transition from the era of fossil fuels to the future low-carbon global economy, given our role as (1) the second largest gas exporter in the world, (2) the fifth largest oil exporter worldwide, and thus (3) a major player in ensuring that Europe and indeed the world has a secure and sustainable future energy supply.
Second: On CCS, we feel a particular responsibility for easing the transition from the era of fossil fuels to the future low-carbon global economy, given our role as (1) the second largest gas exporter in the world, (2) the fifth largest oil exporter worldwide, and thus (3) a major player in ensuring that Europe and indeed the world has a secure and sustainable future energy supply.
Third: As regards climate change in the Arctic, we are, by virtue of our geographical proximity and long-standing research efforts, among the foremost providers of scientific findings on the dramatic and escalating climate change in the High North, which is taking place as we speak.
Third: As regards climate change in the Arctic, we are, by virtue of our geographical proximity and long-standing research efforts, among the foremost providers of scientific findings on the dramatic and escalating climate change in the High North, which is taking place as we speak.
In a global perspective, the Arctic resembles the “canary in the coalmine”.
In a global perspective, the Arctic resembles the “canary in the coalmine”.
We Norwegians – in close collaboration with fellow Arctic nations – see it as our special responsibility to show the rest of the world what is happening in the High North.
We Norwegians – in close collaboration with fellow Arctic nations – see it as our special responsibility to show the rest of the world what is happening in the High North.
Allow me to dwell in particular on the issues of climate change in the Arctic and CCS:
Allow me to dwell in particular on the issues of climate change in the Arctic and CCS:
Climate change in the Arctic – the Tromsø-meeting: In April, Norway hosted the Arctic Council’s ministerial meeting in Tromsø, back-to-back with a conference on the melting of ice world-wide.
Climate change in the Arctic – the Tromsø-meeting: In April, Norway hosted the Arctic Council’s ministerial meeting in Tromsø, back-to-back with a conference on the melting of ice world-wide.
Research clearly shows that melting ice – in the Arctic, Antarctica and high altitude areas elsewhere in the world, such as the Himalayas and the Andes – is a global challenge.
Research clearly shows that melting ice – in the Arctic, Antarctica and high altitude areas elsewhere in the world, such as the Himalayas and the Andes – is a global challenge.
This research formed the backdrop to the conference.
This research formed the backdrop to the conference.
Data presented at the conference showed that climate change in the Arctic – the region with the highest rise in temperature world-wide – is occurring at an even more rapid rate than had been indicated by the most pessimistic scenarios presented by the IPCC and others.
Data presented at the conference showed that climate change in the Arctic – the region with the highest rise in temperature world-wide – is occurring at an even more rapid rate than had been indicated by the most pessimistic scenarios presented by the IPCC and others.
Hence the title of the conference was: “Regional dramas – Global wake-up call”, which, in retrospect, was even more fitting than we had anticipated.
Hence the title of the conference was: “Regional dramas – Global wake-up call”, which, in retrospect, was even more fitting than we had anticipated.
The volume of scientific findings on melting ice and snow globally underlines the urgent need for strengthened action to curb global emissions of greenhouse gases.
The volume of scientific findings on melting ice and snow globally underlines the urgent need for strengthened action to curb global emissions of greenhouse gases.
Reductions in CO2 and other greenhouse gases need to form the backbone of any meaningful effort to reduce warming in the polar region and globally.
Reductions in CO2 and other greenhouse gases need to form the backbone of any meaningful effort to reduce warming in the polar region and globally.
It underscores the need for an ambitious, robust and comprehensive global agreement in Copenhagen in December.
It underscores the need for an ambitious, robust and comprehensive global agreement in Copenhagen in December.
Scientists have shown that short-lived carbon forcers (non-CO2 drivers), such as black carbon and ozone, have a huge effect on ice melting.
Scientists have shown that short-lived carbon forcers (non-CO2 drivers), such as black carbon and ozone, have a huge effect on ice melting.
Reductions in these pollutants could constitute an early climate response, and could give regions of ice and snow a chance to survive long enough for other emissions reductions to have an impact.
Reductions in these pollutants could constitute an early climate response, and could give regions of ice and snow a chance to survive long enough for other emissions reductions to have an impact.
Some of these pollutants also cause great harm to human health, for example through indoor pollution that leads to respiratory disease, and should be reduced for this reason alone.
Some of these pollutants also cause great harm to human health, for example through indoor pollution that leads to respiratory disease, and should be reduced for this reason alone.
One of the outcomes of the conference on melting ice was the establishment of a task force to produce a fully up-to-date report on melting ice globally, to be presented in Copenhagen by me and (Nobel Peace Price Laureate) Al Gore, my co-host at the conference in Tromsø.
One of the outcomes of the conference on melting ice was the establishment of a task force to produce a fully up-to-date report on melting ice globally, to be presented in Copenhagen by me and (Nobel Peace Price Laureate) Al Gore, my co-host at the conference in Tromsø.
I trust that the report will send a clear and unambiguous message to Copenhagen on the urgency of establishing a robust and potent new global regime to combat climate change.
I trust that the report will send a clear and unambiguous message to Copenhagen on the urgency of establishing a robust and potent new global regime to combat climate change.
The Arctic Council ministerial decided to establish a special task force to examine ways to address and combat non-CO2 drivers – most of which are not covered by the Climate Convention and the Kyoto Protocol, and will therefore have to be addressed outside the purview of Copenhagen.
The Arctic Council ministerial decided to establish a special task force to examine ways to address and combat non-CO2 drivers – most of which are not covered by the Climate Convention and the Kyoto Protocol, and will therefore have to be addressed outside the purview of Copenhagen.
I have taken a keen personal interest in this issue, as has the Obama administration, and others.
I have taken a keen personal interest in this issue, as has the Obama administration, and others.
The CCS conference, Bergen.
The CCS conference, Bergen.
A week ago Norway hosted the High-Level Conference on Fighting Climate Change with Carbon Capture and Storage in Bergen, chaired by Prime Minister Stoltenberg.
A week ago Norway hosted the High-Level Conference on Fighting Climate Change with Carbon Capture and Storage in Bergen, chaired by Prime Minister Stoltenberg.
Our explicit purpose was to advance knowledge and common understanding of CCS.
Our explicit purpose was to advance knowledge and common understanding of CCS.
Our bold ambition was to make Bergen a part of the road to Copenhagen.
Our bold ambition was to make Bergen a part of the road to Copenhagen.
I believe we succeeded in doing so.
I believe we succeeded in doing so.
Many high-level policymakers, including heads of governments and government ministers, as well as representatives of the research community, international organisations and industry took part.
Many high-level policymakers, including heads of governments and government ministers, as well as representatives of the research community, international organisations and industry took part.
High-level participants visited Norway’s Sleipner CCS facility in the North Sea, which has been operating successfully, without leakage of any kind, since 1996, and stores one million tonnes of CO2 annually, under the seabed.
High-level participants visited Norway’s Sleipner CCS facility in the North Sea, which has been operating successfully, without leakage of any kind, since 1996, and stores one million tonnes of CO2 annually, under the seabed.
We agreed that CCS has an enormous potential for bringing about global emission reductions, as stated by Dr Pachauri to the Conference.
We agreed that CCS has an enormous potential for bringing about global emission reductions, as stated by Dr Pachauri to the Conference.
CCS is indeed one of the key technologies to mitigate CO2 emissions, as stated by IEA Executive Director Nobuo Tanaka.
CCS is indeed one of the key technologies to mitigate CO2 emissions, as stated by IEA Executive Director Nobuo Tanaka.
Eight key messages from the conference:
Eight key messages from the conference:
More full-scale demonstration plants, more R&D, and a major scaling up of present CCS efforts are needed.
More full-scale demonstration plants, more R&D, and a major scaling up of present CCS efforts are needed.
The right framework conditions must be put in place to stimulate widespread CCS deployment.
The right framework conditions must be put in place to stimulate widespread CCS deployment.
Transport and storage projects must minimise the risks of negative impacts on the environment and human health and safety.
Transport and storage projects must minimise the risks of negative impacts on the environment and human health and safety.
CCS must be accessible for developing countries.
CCS must be accessible for developing countries.
Many delegates expressed their support for establishing financial mechanisms for capacity-building and investment.
Many delegates expressed their support for establishing financial mechanisms for capacity-building and investment.
The Carbon Sequestration Leadership Forum (CSLF) will follow up on messages from the Bergen conference at its ministerial meeting in the UK in October 2009.
The Carbon Sequestration Leadership Forum (CSLF) will follow up on messages from the Bergen conference at its ministerial meeting in the UK in October 2009.
This will be a good opportunity to launch the IEA international CCS roadmap, the new CSLF strategic plan and new technology roadmap, which will provide key messages, policy directions and milestones for CCS.
This will be a good opportunity to launch the IEA international CCS roadmap, the new CSLF strategic plan and new technology roadmap, which will provide key messages, policy directions and milestones for CCS.
As Dr Pachauri stated in Bergen, we share an enormous sense of urgency with regard to climate change.
As Dr Pachauri stated in Bergen, we share an enormous sense of urgency with regard to climate change.
The Bergen conference was a broad political manifestation of the need to speed up the development and deployment of CCS as a key part of our response.
The Bergen conference was a broad political manifestation of the need to speed up the development and deployment of CCS as a key part of our response.
A key part that I believe must be included in the Copenhagen outcome.
A key part that I believe must be included in the Copenhagen outcome.
Address at the conference on "The Politics of climate change"
Innlegg på konferanse om"The Politics of Climate Change"
Narvik, Norway, 28 May 1980
Narvik, 28. mai 1980.
Luncheon Speech in Houston
Lunsjtale i Houston
Luncheon Speech in Houston.
Lunsjtale i Houston.
Houston, Texas, USA, 14 June 1979.
Houston, Texas, USA, 14. juni 1979.
Speech to Swedish Prime Minister Thorbjörn Fälldin
Lunsjtale til Sveriges statsminister Thorbjörn Fälldin
Luncheon Speech to Swedish Prime Minister Thorbjörn Fälldin.
Lunsjtale til Sveriges statsminister Thorbjörn Fälldin.
Longyearbyen, Svalbard, 14 May 1980.
Longyearbyen, Svalbard, 14. mai 1980.
Luncheon Speech to Duluth Chamber of Commerce
Lunsjtale til Duluth Chamber of Commerce
Luncheon Speech to Duluth Chamber of Commerce and Rotary Club.
Lunsjtale til Duluth Chamber of Commerce and Rotary Club.
Duluth, Minnesota, USA, 17 October 1975.
Duluth, Minnesota, USA, 17 October 1975.
Luncheon Speech to EU Commission President Roy Jenkins
Lunsjtale til EU-kommisjonens president Roy Jenkins