Il Green Deal europeo e il sistema delle risorse proprie

Over the past few years, the EU action has been increasingly focused on addressing environmental protection issues and implementing policies to fight against climate change. The ambitious environmental policy of the EU, the Green Deal being part of it, stressed the issues concerning its financing. Against this backdrop, the aim of this Insight is to analyse the own resources system, focusing on the opportunity and the possibility from the legal standpoint of creating an actual fiscal capacity of the European Union which would allow a better pursuit of its environmental objectives. The analysis highlights the most relevant procedural flaws that characterise the functioning of the EU budget. It also considers the impact that Next Generation EU had on it, taking into account its crucial role in providing legal backing to the political commitments of the Green Deal. Moreover, particular attention is devoted to the new mechanisms that will be introduced to support the European Green Deal, such as the Carbon Border Adjustment Mechanism (CBAM) and the new own resource based on revenues from the EU Emissions Trading System (ETS).