'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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Clean Energy Transition Partnership: Countries slash overseas fossil fuel finance 80 per cent

Clean Energy Transition Partnership: Countries slash overseas fossil fuel finance 80 per cent

Analysis shows continued push to cut fossil fuel finance from 40 counties and regions signed up to the CETP, but warns only 42 per cent of funding is being redirected to clean energy

clock 28 October 2026 • 4 min read
'Climate adaptation is a no-brainer': European Investment Bank launches €30bn adaptation investment drive

'Climate adaptation is a no-brainer': European Investment Bank launches €30bn adaptation investment drive

European Investment Bank (EIB) unveils plans to double investment in climate resilient infrastructure, agriculture, and technologies

clock 23 October 2026 • 2 min read
National Wealth Fund backs £135m funding round to reopen Cornish tin mine

National Wealth Fund backs £135m funding round to reopen Cornish tin mine

National Wealth Fund provides £41.7m cornerstone equity investment to Cornish Metals to support the reopening of the South Crofty tin mine in Cornwall

clock 22 October 2026 • 3 min read