In response to the announcement that the EU and UK will work to link their emissions trading systems, Julia Michalak, IETA's EU Policy Director commented:

"IETA welcomes the agreement between the EU and UK to work towards linking their carbon markets. This step promises to unlock significant economic benefits to both parties by creating a larger, unified market for emissions reductions, lowering compliance costs, and reducing the risk of higher trade costs. It's a powerful move toward more efficient and cost-effective climate action."