Two years of laborious negotiations on a climate agreement ended Friday with a political deal brokered by US President Barack Obama with China and other emerging powers but denounced by poor countries because it was nonbinding and set no overall target for curbing greenhouse gas emissions.
German Chancellor Angela Merkel, a leading proponent of strong action to confront global warming, gave the Copenhagen Accord grudging acceptance but said she had "mixed feelings" about the outcome and called it only a first step.
Obama's day of frenetic diplomacy produced a three-page document promising $30 billion in emergency aid in the next three years and a goal of channeling $100 billion a year by 2020 to developing countries with no guarantees.
The five-nation agreement includes a method for verifying reductions of heat-trapping gases - a key demand by Washington, because China has resisted international efforts to monitor its actions.
Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>