Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to (a) engage with regulators on and (b) develop a market for investment in green industry.

The Net Zero Strategy set out examples of how the Government is working with different regulators, for example on the publication of the Strategic Policy Statement for Ofgem.

The Government is working with regulators including FCA, the Bank of England, and IFRS to roll out climate related disclosures.

Driving investment into UK green energy and industries is a priority for this Government. Since March 2021, the Government has committed £30 billion of domestic green investment. The Government is working to put in place the regulatory frameworks that will spur investment into green projects – such as through the Energy Bill.