This was the first Climate Agreement which
endorsed the 2ºC warming limit as the benchmark for global progress on climate
change. The Accord additionally included:
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An agreement that all countries
need to take action on climate change and the provision of immediate and longer
term financial help to those countries most at risk of climate change.
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List of what each country is
doing to tackle climate change including economy-wide commitments to cut
emissions by developed countries most at risk of climate change.
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The introduction of real
scrutiny and transparency to ensure emission targets are put into effect, with
mandatory reporting every two years for developing countries.
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Under Copenhagen Green Climate Fund , a provision of $30
billion of immediate short term funding
form developed countries over the following three years to kick start emission
reduction measures and help the poorest countries adapt to impacts of climate
change , and
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Commitment by developed
countries to work to provide long term financing of $100 billion a year by
2020.
The Copenhagen Agreement could not
formulate a legally binding ‘instrument, which was the intention of many
developed countries. Developed countries still want a legally binding and so verifiable
agreement so as to include emerging economies in global GHG reduction measures.
The Copenhagen Summit set a commitment to limit global warming to two degrees.
But many people
