The Netherlands has set an ambitious CO2-reduction target of 49% in 2030, with a view of 95% reduction in 2050. Our policy on innovation is focused more and more on solving societal challenges. In the Climate Agreement (expected to be finalized by summer 2019) the cabinet has assigned an additional M€300 per year, with the focus on pilots and demonstration projects. With this additional budget the Netherlands has met the MI doubling targets.
We find knowledge sharing and international cooperation very important. By working together on the same challenges, these can be tackled more cost effectively. Other relevant goals are increasing private engagement and investments.
Role in MI
- Participates in the Business and Investor Engagement Sub-Group
- Participates in the:
Progress towards doubling public investment
Country-determined baseline year(s): 2013, 2014, 2015
Baseline funding amount (million EUR): 100
Baseline funding amount (million USD): 113
Doubling target year: 2020
The outsourced amounts for 2018 – MI Third year Research, Development and Demonstration – are not yet official and are to be considered provisional only. Further analysis is ongoing on the allocation of the spend against the categories provided, and also some budgets are still to be legally committed (funding agreement) and therefore not yet included. The latter concerns the renewable energy program that supports early technologies to achieve cost reduction.
In 2018, the Dutch government made a budget available for innovation projects in accordance with the extra budget that the cabinet has assigned for the upcoming National Climate Agreement (in total €300 million/year). As is shown in the table, with this additional budget the Netherlands has met her doubling objectives in the third year of being a member of MI.