The emergence of new own resources to strengthen the EU budget and achieve green policy objectives : a win-win or a difficult fit?

dc.contributor.authorHADJIYIANNI, Ioanna
dc.date.accessioned2024-05-02T09:52:51Z
dc.date.available2024-05-02T09:52:51Z
dc.date.issued2024
dc.description.abstractThere is an impetus under the Multiannual Financial Framework for 2021-2027 and the Next Generation EU recovery instrument to move away from a strong focus on Member State contributions to common sources of revenue that simultaneously serve common EU objectives. New own resources, including the plastic levy and the proposed own resources based on the EU Emissions Trading System (ETS) and the carbon border adjustment mechanism (CBAM), represent a significant shift in the EU’s funding architecture to ‘purposeful sources’ of revenue. This paper assesses the emergence of own resources relating to the green transition in terms of suitability, genuineness, and fairness. ‘Green’ EU revenue emerges as a significant policy steering mechanism with both internal implications, by furthering EU integration while testing solidarity, and external implications, affecting the EU’s relations with its trading partners and raising concerns of international distributive justice.en
dc.format.mimetypeapplication/pdfen
dc.identifier.issn1831-4066
dc.identifier.urihttps://hdl.handle.net/1814/76837
dc.language.isoenen
dc.orcid.uploadtrue*
dc.publisherEuropean University Instituteen
dc.relation.ispartofseriesEUIen
dc.relation.ispartofseriesLAWen
dc.relation.ispartofseriesAELen
dc.relation.ispartofseriesWorking Paperen
dc.relation.ispartofseries2024/15en
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.rights.licenseAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectOwn resourcesen
dc.subjectCarbon border adjustment mechanismen
dc.subjectEmissions trading systemen
dc.subjectPlastic levyen
dc.subjectNext Generation EUen
dc.titleThe emergence of new own resources to strengthen the EU budget and achieve green policy objectives : a win-win or a difficult fit?en
dc.typeWorking Paperen
dspace.entity.typePublication
eui.subscribe.skiptrue
person.identifier.other40819
relation.isAuthorOfPublicationd9a7ec84-77bd-4ed9-8e1c-9553bd3283de
relation.isAuthorOfPublication.latestForDiscoveryd9a7ec84-77bd-4ed9-8e1c-9553bd3283de
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