Today is the last day of COP14 and the final high-level segment is wrapping up. As I type, ministers are meeting to hammer out the final unresolved issues, which include a levy on Joint Implementation and Emissions Trading, the legal status of the Adaptation Fund, and the inclusion of carbon capture and storage in the Clean Development Mechanism. The slow progress of the negotiations has been disheartening because it seems that we have gotten nowhere in the past year. The current text is the same as the Bali text, down to the commas, and some would even suggest that there has been a shuffle backwards from Bali. The fault for lack of progress lies squarely with a number of key Annex I countries, notably Canada, Australia and Japan. These countries are also holding out against the range of emissions reductions needed, as identified by the IPCC, of 25-40% below 1990 levels by 2020. How can we so easily waste an entire year when we have less than 10 years remaining to radically reduce emissions in order to avert irreversible tipping points? There is still time to rescue the negotiations here in Poznan, but I’m quickly losing hope. As I sit in plenary on this final day of COP14, the mood is serious and sombre. Nothing less than our survival is at stake.