India, Oct. 16 -- Amnesty International said proposed changes to the ethical framework governing Norway’s Government Pension Fund Global, put forward by the Gjedrem Committee in a unanimous report dated 15 October 2026, could weaken independent human rights oversight, reduce transparency and make it harder to exclude companies linked to serious abuses.

Amnesty International Norway Secretary General John Peder Egenæs said the proposals would amount to the most significant weakening of the fund’s human rights safeguards in two decades.

Proposed changes to oversight and transparency

Amnesty International said the proposals would weaken the independent Council on Ethics and shift decision-making to the central bank of Norway, the Norges Bank...