System of own resources of the European Union
01020304
With the European Parliament.
Last active 09 Nov 2023
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What this bill does
In plain terms: what it changes and who it affects.
This proposal adds new EU revenue sources to help fund recovery borrowing and climate-related spending.
Who it affects
It affects EU Member States’ budget contributions, especially those linked to emissions trading, carbon-intensive economies, carbon-border imports, and large multinational enterprises’ reallocated profits.
Core of the proposal
- Allocates 25% of specified emissions trading revenues to the EU budget.
- Adds 75% of carbon border adjustment certificate revenues as an EU own resource.
- Adds 15% of reallocated residual profits of large multinationals as an EU own resource.
- Caps or floors some Member State emissions-trading contributions until financial year 2030.
Key provisions
- Takes effect
- It enters into force after all Member States approve it; application dates vary by revenue source from 1 January 2023 onward.
- Transitional law
- The emissions-trading contribution adjustment applies only until financial year 2030, with eligibility measured differently for 2023-2027 and 2028-2030.
Articles changed · 1 across 1 law
- Decision (EU, Euratom) 2020/2053 (32020D2053)
- art. 2: adds points 1(e), 1(f), 1(g) and inserts paragraph 2a
Latest update
26 May 2026The most recent development in this bill's progress.
Moved to European Parliament
Documents
5 recentSourcesOEIL