CLIMATE COLLAPSE
In 2010, the developing countries wrote off the historical carbon debt of the developed countries. With this, despite being the worst victims of climate change, the developing countries made negotiations on global emission reduction an effectively voluntary effort, without any sense of urgency that the crisis demanded. Developed countries always wanted this to happen. Since the Cancun meeting of the Conference of Parties to United Nations Framework Convention on Climate Change in 2010, global emission reduction has been losing the steam. Climate negotiations have just become climate talkies. It is no more a multilateral effort.