The COP25 climate talks failed to reach their main goal on Sunday, but they didn't blow up the global climate negotiating process
The talks just about collapsed over sharpThere's a reason for the deep divide — enormous amounts of money are at stake.
Ribera welcomed the decision"to increase climate ambition in national contributions to respond to the climate emergency" in a. But it was below what's expected “in terms of increasing ambition at the level that is demanded in the streets," she told reporters after the plenary session finished. Developed nations watered down any calls for new financial support for vulnerable nations. On Sunday, vulnerable countries such as Tuvalu lashed out at the U.S. for blocking any decision to ensure it won't be on the hook in case it leaves the deal next year, calling it"an absolute tragedy and a travesty."
“The geopolitical context caused by the U.S. has strengthened the narrative that the industrialized nations didn’t follow up on their [Paris Agreement] commitments,” said an EU negotiator, emboldening emerging powerhouses and emitters, such as China, India and Brazil to push back on attempts to require them to boost their climate goals.
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