Palestinian statehood can only be achieved through direct Israeli-Palestinian negotiations. Apart from that, the Palestinian Authority failed to implement the reforms necessary for the US not to veto. Meanwhile, Gaza — an essential part of a possible Palestinian state — is ruled by the Hamas terror group. Peaceful coexistence cannot be dictated, and as long as Palestinian leaders support Hamas and refuse to recognize Israel's right to exist, there will be no Palestinian state.
That the US was the only UNSC member to veto the draft once again exposes its alleged full support for a two-state solution as empty talk. Yet it's the US and the UK that are primarily responsible for the Middle East's mess through their century of interference and imperialism. Not only do two-thirds of UN members already recognize the state of Palestine, but granting it UN membership and a two-state solution is the only path to peace for both sides.