The Netherlands is poised to pass a new piece of legislation that is being called the world's most ambitious climate policy.

The Dutch Climate Law would require the country to reach a 49% reduction in green house gas emissions by 2030, followed by a 95% reduction by 2050. Not only that, the policy would require 100% of electricity to be carbon neutral by 2050.

The policy, which was initiated by GroenLinks, the Green party of the Dutch Parliament, would also turn the fourth Thursday of every October into "Climate Day". For every Climate Day, parliament would be required to report the levels of greenhouse gas emission reductions and decide whether the data would require more ambitious updates to the climate policy.

In order to meet the policy's goals, parliament would be issuing different climate plans every five years, with updates and revisions issued every two years, if necessary, to stay on track.

The Dutch Climate Law is only the eighth piece of climate policy to be introduced on a national level, but it is definitely the most ground-breaking. Additionally, since the policy received support from almost every political party that is currently represented in parliament (save for one), it is expected to be approved sometime next summer in relatively the same legislative state that it has been introduced.

"The Paris Agreement was groundbreaking for the world. The Dutch Climate Law is groundbreaking for the Netherlands," said Jesse Klaver, leader of the Green Party.

"For more than 25 years, my party has been fighting global warming. Today, seven parties with a wide range of political ideologies, agreed on a Dutch Climate Law, currently the most ambitious climate law in the world," he added.

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