Carolina Schmidt, COP 25 climate conference president, Tijjani Muhammad-Bande, president of the UN General Assembly and Patricia Espinosa, executive secretary of the UNFCCC in Madrid last week. (PA)
The key issue: Countries around the world are steaming ahead with plans to link carbon markets, but the failure to agree on a common set of rules at the COP25 summit in Madrid has called into question the role and relevance of the UN.
Interfax analysis: After two weeks of talks in Madrid for the COP25 summit, delegates from more than 190 countries failed to reach an agreement on a set of rules that would govern international carbon trading. The UN-sponsored summit was trying...
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