According to the Climate and Energy Outlook 2020, the Netherlands is expected to reduce its greenhouse gas (GHG) emissions by 34% compared to their 1990 level by 2030. This is significantly lower than the 49% emission cut target set for 2030, that exceeded the EU mandate (40%). In 2018, GHG emissions were 17% below their 1990 level. The average emission reduction was approximately 3 MtCO₂/year over the 2010–2019 period; to achieve the 49% reduction target by 2030, the Netherlands would have to double the average reduction rate to approximately 6 MtCO₂/year. The Netherlands is expected to halve GHG emissions from the power sector by 2030, due to the strong increase in renewable power generation and coal-fired power plant closures. However, the sustainability of heat production and motor fuels and energy savings are lagging behind. A total investment budget of €300m/year has been put in place from 2018-2030 to promote actions to meet this emissions cut target.