A Palestinian proposal calling for peace with Israel within a year and an end to the Israeli occupation of Palestinian territories by late 2017 failed to pass a UN Security Council vote on Tuesday.

Eight member states voted in favor of the Palestinian bid, two voted against it and five abstained. The bid would have required the support of nine member states to pass, although in this case Israel had expected the U.S. to veto the resolution.

Latest updates:

1:35 A.M. Israel's UN representative Israel Nitzan-Tikochinski says "I have news for the Palestinians – you cannot provoke your way to a state."

Nitzan-Tikochinski accused the Palestinians of finding "every possible opportunity to avoid direct negotiations," and urged the UN Security Council to "stop indulging the Palestinians and put an end to their march of folly."

The Security Council meeting concludes. (Barak Ravid)

1:28 A.M. Palestinian UN envoy: Those eager to save the two-state solution must act and stop making excuses for Israel. (Barak Ravid)

1:25 A.M. The Palestinian envoy to the UN says the result of the vote shows the UNSC isn't ready to stand by its responsibility, and is out of step with global consensus.

1:00 A.M. As part of U.S. efforts to prevent the Palestinian bid from garnering majority at the Security Council, Secretary of State John Kerry over the past two days called his counterparts in Jordan, Saudi Arabia, Egypt, Britain, Chile, Lithuania, German and France. He also spoke with the president of Rwanda, the European Union's foreign policy chief Federica Mogherini, Palestinian President Abbas and Prime Minister Benjamin Netanyahu.

Prior to the vote, Netanyahu spoke to the presidents of Nigeria and Rwanda, asking them not to support the Palestinian draft resolution. Both abstained from the vote. (Barak Ravid)

12:46 A.M. U.S. Ambassador to the UN Samantha Power: "Today's vote should not be viewed as a victory for an unsustainable status quo, but a wakeup call."

12:45 A.M. Top Palestinian diplomat Saeb Erekat calls the Palestinian bid's failure to pass the UNSC vote "a blow to international law."

"Anyone who didn't support the Palestinian proposal, supported continued Israeli defiance, settlement construction and violation of international law."

Palestinian sources told Haaretz that the U.S. put heavy pressure on several states to abstain from the vote. According to estimations, countries like South Korea and Nigeria decided against supporting the bid due to U.S. pressure. (Jack Khoury)

12:43 A.M. French UN envoy: "The peace process must evolve. If parties can't take decisions alone, the international community has to share the burden." (Barak Ravid)

12:42 A.M. The U.K.'s envoy to the UN: "We understand the Palestinian frustration and the pressure to act President Abbas was under." (Barak Ravid)

12:40 A.M. Jordan's UN envoy says the Palestinian UN bid isn't a unilateral step. It's a legitimate move after Israel blocked all paths for progress, she says. (Barak Ravid)

12:37 A.M. Nigeria was the country that determined the result of the UNSC vote; it moved from supporting the Palestinian resolution to abstaining. (Barak Ravid)

12: 26 A.M. Russia, China, France, Jordan, Chad, Luxemburg, Argentina and Chile vote in favor of the Palestinian bid. U.S., Australia vote against it. U.K., Rwanda, Nigeria, Lithuania, and South Korea abstain. (Barak Ravid)

12:20 A.M. Eight UNSC members vote in favor of the Palestinian bid; two vote against it; five abstain. (Barak Ravid)

12:10 A.M. The UN Security Council meeting on the Palestinian draft resolution begins. (Barak Ravid)