The Norwegian Government Pension Fund - Global (GPFG), a sovereign wealth fund (SWF), was set up in 1990 to ensure that the country’s oil wealth can benefit all generations of Norwegians. This long term goal is to be reached in accordance with sustainable development principles, taking into...

This Selected Issues paper focuses on recent developments with Kiribati’s Revenue Equalization Reserve Fund (RERF). The paper also examines fiscal aspects of climate change, and considers options for improving fishing license fees, which remain an important source of revenue. It also analyzes...