The renewed Dutch centre-right government has pledged to allocate an additional €35bn ($39.67bn) for the energy transition and climate protection in the coming 10 years in order to be able to raise its emission reduction target to 55% by 2030 (from 49% previously planned).

The sum is earmarked for a climate and transition fund, and will come on top of already existing support for renewable energy under the SDE++ scheme, according to a 50-page long coalition treaty seen by Recharge.