Can the EU Budget Support Climate Policy in Central and Eastern Europe?
Tomas Spencer, Anna Korppoo & Agata Hinc Finnish Institute of International Affairs Working Paper, April 2011
October 2010 the Commission released the long-awaited review of the EU budget, setting out the parameters of the debate around the next financial perspective, 2014-2020. The Budget Review outlined a rather conservative programme for reform of the Cohesion and Common Agricultural Policy, largely envisaging the preservation of existing objectives and instruments. However, policymakers have also called for a stronger integration of EU climate policy with EU fiscal policy, particularly with regard to the Central and Eastern European (CEE) Member States; the budget has also been proposed as a mechanism to compensate for the potential loss of surplus Assigned Amount Units under the Kyoto Protocol. Likewise, the 20/20/20 climate and energy targets were placed at the heart of the EU 2020 strategy. The question therefore arises: What role should the EU budget play in supporting climate policy in CEE Member States? Can the EU Budget Support Climate Policy in Central and Eastern Europe? Read more…