Political Declaration setting out the framework for the future relationship between the European Union and the United Kingdom

C. Carbon pricing

70. 
    The Parties should consider cooperation on carbon pricing by linking a United Kingdom national greenhouse gas emissions trading system with the Union's Emissions Trading System.
    

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XII. FISHING OPPORTUNITIES

71. 
    The Parties should cooperate bilaterally and internationally to ensure fishing at sustainable levels, promote resource conservation, and foster a clean, healthy and productive marine environment, noting that the United Kingdom will be an independent coastal state.
    

71. 
    While preserving regulatory autonomy, the Parties should cooperate on the development of measures for the conservation, rational management and regulation of fisheries, in a non-discriminatory manner. They will work closely with other coastal states and in international fora, including to manage shared stocks.
    

71. 
    Within the context of the overall economic partnership the Parties should establish a new fisheries agreement on, inter alia, access to waters and quota shares.
    

71. 
    The Parties will use their best endeavours to conclude and ratify their new fisheries agreement by 1 July 2020 in order for it to be in place in time to be used for determining fishing opportunities for the first year after the transition period.
    

XIII. GLOBAL COOPERATION

75. 
    The Parties recognise the importance of global cooperation to address issues of shared economic, environmental and social interest. As such, while preserving their decision-making autonomy, the Parties should cooperate in international fora, such as the G7 and the G20, where it is in their mutual interest, including in the areas of:
    
    1. 
       climate change;
       

2. 
   sustainable development;
   

3. 
   cross-border pollution;
   

4. 
   public health and consumer protection;
   

5. 
   financial stability; and
   

6. 
   the fight against trade protectionism.
   

75. 
    The future relationship should reaffirm the Parties' commitments to international agreements to tackle climate change, including those which implement the United Nations Framework Conventions on Climate Change, such as the Paris Agreement.