The Netherlands’ challenging energy-transition agenda
The Dutch government has announced ambitious climate targets for the Netherlands. The emission of greenhouse gases needs to be reduced by 49% by 2030 compared to the base year 1990. In 2018, this target will be translated into a new climate agreement and embedded in a climate law.
As 'simple' as the targets sound, achieving them is a complex and vast task. In the coming decades, the climate and related energy transition shall determine the appearance of the Dutch economy: of public finances, the household purse, business investments, and risks.
In their latest report, 'Focus on the Dutch climate challenge', ING’s Economics Department provides a better understanding of the climate challenge and the other associated challenges. What are the most important targets? What has been the trend in the emission of greenhouse gases? What is asked of the sectors to achieve the climate targets by 2030 and what are the most important certainties and uncertainties with regard to this?