'The first major Brexit bonus': Could reforming the UK's insurance rules unlock clean energy investment?

Cecilia Keating
clock • 4 min read
 A lack of available finance remains a barrier to developing new renewable and clean tech projects| Credit: iStock
Image:

A lack of available finance remains a barrier to developing new renewable and clean tech projects| Credit: iStock

PIC calculates it would be able to pump £500m more into renewable energy annually if financial services regulation is amended

Tens of billions of pounds could be unlocked for renewable energy and domestic energy efficiency if the UK government moves ahead with post-Brexit reforms to the Solvency II regulatory framework for insurance...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

Operation Noah: Churches have 'vital role' in accelerating transition to net zero

Operation Noah: Churches have 'vital role' in accelerating transition to net zero

New report from Christian campaign group highlights key role of Church investments in limiting global heating to 1.5C

clock 23 November 2022 • 3 min read
Make My Money Matter: Campaign calls on high street banks to stop financing fossil fuels

Make My Money Matter: Campaign calls on high street banks to stop financing fossil fuels

HSBC, Barclays, Santander, NatWest, and Lloyds come under fire for continuing to fund fossil fuel expansion

clock 22 November 2022 • 4 min read
Morgan Stanley launches new 1GT fund dedicated to slashing carbon emissions

Morgan Stanley launches new 1GT fund dedicated to slashing carbon emissions

New growth-orientated private equity platform aims to focus on companies that can collectively avoid or remove one gigaton of CO2-equivalent emissions

clock 22 November 2022 • 2 min read