Arendals Fossekompani's CSO, Ingunn Ettestøl, part of the Expert Committee for Climate-Friendly Investments.
- I look forward to participating in the Government's Expert Committee for Climate-Friendly Investments. This is an incredibly important matter for Norway and for the future of Norway, and I believe my expertise and experience working within the largest renewable energy company on the stock exchange can make a valuable contribution to the committee. I am very pleased to be invited to contribute to this important work, and would like to receive input from others, says Ettestøl.
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The committee is led by Thina Saltvedt, chief analyst at Sustainable Finance in Nordea.
- We are very pleased to have Ingunn as part of the team. She has extensive experience from the power market and valuable insight into how the renewable market works. There are many exciting opportunities for Norway and Norwegian companies in the green shift. Therefore, it is important that we have the right insight and understanding in order to see these opportunities and manage them in the best possible way. With Ingunn's solid expertise from the renewables market, she has a lot to contribute with in this work, Saltvedt says.
The Expert Committee was appointed by the Government in August 2021 with a mandate to assess whether the current overall framework conditions contribute to a well-functioning market for economically profitable, climate-friendly investments.
Our main task according to the mandate is to assess the frameworks and the market for climate-friendly investments and long value chains based on the use of renewable resources in Norway. Some of the areas we will look into, for example, are how the current framework fuction in order to achieve Norway's climate targets, what it takes to promote investments in renewable energy, are there aspects of the financial market that influence climate-friendly investments to some extent and what competitive advantages and opportunities lie in our extensive value chains for the use of renewable energy, Saltvedt says.
The Committee submits its report by the end of June 2022.
Members of the Expert Committee on Climate-Friendly Investments
Thina Saltvedt (Leader of the Committee), Oslo. Chief analyst, Sustainable Finance at Nordea.
Jørn Rattsø, Trondheim. Professor of Economics at NTNU.
Trude Glad, Bodø. Executive Vice President Business at SpareBank1 Nord-Norway.
Gunnar Eskeland, Bergen. Professor of Resource and Environmental Economics at NHH.
Verena Hagspiel, Trondheim. Professor at NTNU and researcher in investment and finance.
Håvard Gulbrandsen, Oslo. CEO of KLP Investment Management.
Erik Sauar, Oslo. CEO of battery technology company Cenate.
Astrid Skarheim Onsum, Oslo. CEO of Norsk Gjenvinning.
Kristin Misund, Sarpsborg. SVP R&D and Business development in Borregaard's corporate management team.
Roger Bjørnstad, Nesodden. Chief economist at LO.
Nina Lillelien, Asker. Senior economist at NHO.
Ingunn Ettestøl, Lillesand. Director of Sustainability and Corporate Social Responsibility (CSO) at Arendals Fossekompani.