Barak Obama deal on Climate Summit
U.S. President Barack Obama mediated a minimal deal at the Climate Summit in Copenhagen stating that the leaders of the world’s biggest economies reached a meaningful and unprecedented breakthrough.
The agreement, brokered by the United States and China, backs scientists’ call to limit global warming to within 2 degrees centigrade against pre-industrial levels.
But it contains no improved targets on greenhouse gas emissions from rich nations, and does not commit anyone to a legally binding text.
While it was endorsed by the European Union, India and South Africa, the so-called Copenhagen Accord was rejected by smaller U.N. members such as Sudan, which during the conference acted as the chair of the G77 group of developing nations.