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Wednesday, 24 March 2021 - Brussels Provisional edition

Implementation of the Ambient Air Quality Directives (continuation of debate)
MPphoto
 

  Johannes Hahn, Member of the Commission. – Mr President, rapporteurs, I really appreciate that you have followed the debate from the very beginning until the end. And more in general, I really sincerely welcome Parliament’s broad commitment to uphold the integrity of the own resources system. This needs to remain, it is a defining feature when we diversify the sources of revenue in order to rise to the challenge of financing the unprecedented solidarity effort agreed last year.

As established in the Interinstitutional Agreement signed by the three institutions in November, the Commission will also propose new own resources in June 2021 with a view to their introduction in 2023. As of today, they will be based on the Emissions Trading System, on the carbon border adjustment mechanism and on a digital levy.

Work on the legislative proposals is ongoing. Each of the proposals is justified on its own merit as the impact assessment will convincingly argue in a few months when the sectoral legislation is published. The new own resources will be particularly important when the repayment needs on the Next Generation EU are due. With the higher public debt due to the support for the economy in crisis times, new own resources can bring relief to national budgets while avoiding future cuts to EU programmes.

We also stand by our other commitment, made last year, to deliver a second batch of proposals for new own resources by June 2024. They will also be closely aligned with the Union’s priorities and aim at further mitigating the contribution of national budgets to the repayment of NGEU borrowing.

The overall idea is to have, over time, a balanced basket of resources able to ensure sufficient streams of revenues for the next decades while reducing the weight on the public finances of all Member States.

 
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