European Commission Proposes New Own Resources for EU Budget 2028-2034
On July 16, 2025, the European Commission proposed five new own resources to enhance the EU budget for the 2028-2034 Multiannual Financial Framework (MFF). The proposals focus on resources linked to the EU ETS, CBAM, and CORE, aiming for quicker implementation.
Political acceptance is anticipated to be highest for the CBAM-based resource, while TEDOR and e-waste resources may face challenges due to budget impacts on member states. Additionally, further tax-based resources related to aviation, shipping, cryptocurrencies, and net wealth are being prepared for future MFFs. A draft of this policy was initially presented to the EU Investment Capacity Group 2025 in November 2025.
