Regulating Natural Resource Funds: Alaska Heritage Trust Fund, Alberta Permanent Fund, and Government Pension Fund of Norway

In: Global Journal of Comparative Law
Temitope Tunbi OnifadeJohn Ballem qc lldPostgraduate Fellow in Energy Law, Faculty of Law, University of Calgary, 2500 University Dr N W, Calgary, abT2N 1N4, Canada,;

Search for other papers by Temitope Tunbi Onifade in
Current site
Google Scholar
View More View Less
Download Citation Get Permissions

Access options

Get access to the full article by using one of the access options below.

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institution


Buy instant access (PDF download and unlimited online access):


The paper is a comparative regulatory analysis of the Alaska Heritage Trust Fund, the Alberta Permanent Fund, and the Government Pension Fund of Norway, as developed country natural resource fund (nrf) models. Its objective is to examine how nrfs are regulated. To achieve this objective, it explores and compares the socio-political contexts and regulatory features of the three nrfs, drawing lessons along the way. Given the dearth of publications on the domestic as opposed to the transnational regulation of nrfs, it carries out an original review of primary and secondary policy sources, both legal and non-legal documents, along with a synthesis of representative bodies of literature. It finds that nrfs are mainly regulated by laws and institutional support, which constitute four key regulatory features: legal frameworks and objectives, ownership regimes, structure and functionality, and governance and operation. The conclusion is that how nrfs are regulated, based on these features, determines their outcomes.

Content Metrics

All Time Past Year Past 30 Days
Abstract Views 572 103 7
Full Text Views 239 12 0
PDF Views & Downloads 79 26 0