Norges Bank Investment Management (NBIM), which manages about US$2 trillion for Norway, is on the register’s watch list: it has published nature expectations for companies, and no nature performance bond names it [IC].
Right of reply
This page describes NBIM only through its published statements and the public records of the deals listed. NBIM has not yet been invited to comment. Responses and corrections will be recorded here with their date. On register pages, [MS] marks a claim that rests only on the institution’s own statement or on statements by parties to the same deal.
In the register
The register follows instruments whose terms depend on a verified ecological outcome, the broad family of the performance-based bond. The register index explains its tiers, roles and claim tags. No nature performance deal names NBIM in the sources checked, so the register lists it on the watch list for the policies, research or products below.
NBIM’s March 2026 nature expectations ask companies to assess their dependencies and impacts on nature with methods tied to TNFD and ISSB, to set targets, and to give boards oversight of critical land, water and ocean habitats. They do not mention nature bonds [IC]. Pictet Asset Management names NBIM among investors embedding nature risk [MS].
Related
References
- NBIM, Nature expectations (March 2026)
- OneStopESG, Norway’s sovereign wealth fund raises nature risk expectations (2026)
Provenance
Drafted on 15 October 2026 from the research brief Nature performance bond investors.md, compiled the same day from five research strands: outcome-linked and sustainability-linked bonds, environmental impact bonds, debt-for-nature conversions, insurers and reinsurers, and the largest asset managers with their regulatory context. Claim tags follow the brief, which never upgraded a claim without a source and lowered to [MS] any claim a research note had graded [IC] on the strength of a company’s own release. The headquarters country in based_in comes from general knowledge unless a deal record states it, and is to be confirmed. The brief’s search had limits: fund holdings filings, municipal bond disclosures and the Oxford INDIGO and Brookings impact bond databases were not searched, so a deal missing from this page may exist.