Madrid (NVI): The UN Climate Summit COP25 ended here today without an agreement on the issue of global carbon markets.
Delegates from almost 200 nations had gathered for the meet where the delegates engaged in the longest ever climate talks. However, the Summit ended with modest agreements.
There was no agreement on the key issue of global carbon markets and the matter was deferred until next meet.
Expressing disappointment over the development, UN Secretary-General António Guterres said the international community lost an important opportunity to show increased ambition on mitigation, adaptation and finance to tackle the climate crisis.
“I am disappointed with the results of #COP25,” Guterres tweeted adding “…but we must not give up, and I will not give up.”
In a series of tweets, Guterres reiterated his commitment to achieve carbon neutrality.
“I am more determined than ever to work for 2020 to be the year in which all countries commit to do what science tells us is necessary to reach carbon neutrality in 2050 and a no more than 1.5 degree temperature rise. #ClimateAction,” he tweeted.
