An agreement – of sorts – was reached at Copenhagen.
The Copenhagen Accord is not legally binding and – apparently – does not specify either target emission reductions or monetary contributions of various countries. Here is a copy of the actual Copenhagen Accord (notice that the Appendices for target emissions and monetary contributions are blank).
Friends of the Earth says of the Copenhagen Accord:
Climate negotiations in Copenhagen have yielded a sham agreement with no real requirements for any countries. This is not a strong deal or a just one — it isn’t even a real one. It’s just repackaging old positions and pretending they’re new.
A Greenpeace representative said:
This latest draft is so weak as to be meaningless.
And a representative of the anti-poverty group, World Development Movement said:
This summit has been in complete disarray from start to finish, and now appears to be culminating in a shameful and monumental failure … The leaders of rich countries have refused to lead and instead sought to bribe and bully developing nations …