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Key powers in climate compromise Key powers in climate compromise
(about 1 hour later)
Key states have reached what they call a "meaningful agreement" at the Copenhagen climate summit.Key states have reached what they call a "meaningful agreement" at the Copenhagen climate summit.
Five nations, including China and the US, reached a deal on a number of issues, such as a recognition to limit temperatures rises to less than 2C.Five nations, including China and the US, reached a deal on a number of issues, such as a recognition to limit temperatures rises to less than 2C.
US President Barack Obama said it would be a foundation for global action but there was "much further to go".US President Barack Obama said it would be a foundation for global action but there was "much further to go".
However, the deal could be rejected as a number of nations were reported to be unhappy with the contents. However, the deal could be rejected as a number of nations expressed "dissatisfaction" with the contents.
Observers called the achievement "modest" and questioned how it fitted into the overall deal being negotiated. "Can I suggest that in biblical terms, it looks like we're being offered 30 pieces of silver to sell our future," Tuvalu's lead negotiator Ian Fry said during the main meeting. "Our future is not for sale."
President Obama said the US, China, Brazil, India and South Africa had "agreed to set a mitigation target to limit warming to no more than 2C and, importantly, to take action to meet this objective".
AT THE SCENE Richard Black,BBC News environment correspondent President Obama may have a deal with Brazil, China, India and South Africa - but it is not at all clear that he has a deal with anyone else.AT THE SCENE Richard Black,BBC News environment correspondent President Obama may have a deal with Brazil, China, India and South Africa - but it is not at all clear that he has a deal with anyone else.
While the White House was announcing the agreement, most other delegations had not even seen it.While the White House was announcing the agreement, most other delegations had not even seen it.
This has clearly annoyed a number of countries who, when the agreement document, expressed their distaste in vigorous language - a "coup d'Etat against the UN".This has clearly annoyed a number of countries who, when the agreement document, expressed their distaste in vigorous language - a "coup d'Etat against the UN".
With no firm target for limiting the global temperature rise, no commitment to a legal treaty and no target year for peaking emissions, countries vulnerable to climate impacts are pointing out this "deal" does not guarantee the temperature targets they need.With no firm target for limiting the global temperature rise, no commitment to a legal treaty and no target year for peaking emissions, countries vulnerable to climate impacts are pointing out this "deal" does not guarantee the temperature targets they need.
Richard Black's Earth Watch blogRichard Black's Earth Watch blog
Mr Fry said his country could not accept the deal, as did Venezuelan delegate Claudia Salerno Caldera.
"Mr President, I ask whether - under the eye of the UN secretary general - you are going to endorse this coup d'etat against the authority of the United Nations."
Nicaragua submitted new documents to the meeting calling for the resumption of negotiations on new legal agreements, including emission reductions from developed nations.
To be accepted as a official UN agreement, the deal needs to be endorsed by all 193 nations at the talks.
The five-nation deal promised to deliver $30bn (£18.5bn) of aid for developing nations over the next three years, and outlined a goal of providing $100bn a year by 2020 to help poor countries cope with the impacts of climate change.
President Obama said the US, China, Brazil, India and South Africa had "agreed to set a mitigation target to limit warming to no more than 2C and, importantly, to take action to meet this objective".
He added: "We are confident that we are moving in the direction of a significant accord."He added: "We are confident that we are moving in the direction of a significant accord."

CLIMATE CHANGE GLOSSARY

Glossary in full
"The meeting has had a positive result, everyone should be happy," said Xie Zhenhua, the head of China's delegation."The meeting has had a positive result, everyone should be happy," said Xie Zhenhua, the head of China's delegation.
"After negotiations both sides have managed to preserve their bottom line. For the Chinese, this was our sovereignty and our national interest.""After negotiations both sides have managed to preserve their bottom line. For the Chinese, this was our sovereignty and our national interest."
The five-nation brokered deal promised to deliver $30bn of aid for developing nations over the next three years, and outlined a goal of providing $100 billion a year by 2020 to help poor countries cope with the impacts of climate change.
The agreement also included a method for verifying industrialised nations' reduction of emissions. The US had insisted that China dropped its resistance to this measure.The agreement also included a method for verifying industrialised nations' reduction of emissions. The US had insisted that China dropped its resistance to this measure.
However, the emerging deal - which needs to be accepted by all of the 193 nations at the talks - received a mixed reaction.
Lumumba Stanislaus Di-Aping, speaking on behalf of the G77-China group of nations, reacted angrily to the developments, saying that a deal had been done behind their backs.

CLIMATE CHANGE GLOSSARY

Glossary in full
"Gross violations have been committed today - against the poor, against traditions of transparency and participation on an equal footing by all nations, and against common sense," he said.
But he stopped short of saying G77 nations would oppose any deal.
"I will not hide my disappointment regarding the non-binding nature of the agreement here," EU Commission President Jose Manuel Barroso told reporters.
"In that respect the document falls far short of our expectations."
A number of nations are reportedly not willing to accept the latest draft of the document, known as the "Copenhagen Accord".
'Not perfect''Not perfect'
The two-week summit had been deadlocked as world leaders had struggled to hammer out a deal. EU Commission President Jose Manuel Barroso told reporters: "I will not hide my disappointment regarding the non-binding nature of the agreement here."
It is now evident that beating global warming will require a radically different model of politics than the one in Copenhagen John Sauven, Greenpeace UK What do you think of the deal? Reaction in quotesIt is now evident that beating global warming will require a radically different model of politics than the one in Copenhagen John Sauven, Greenpeace UK What do you think of the deal? Reaction in quotes
"In that respect the document falls far short of our expectations."
However, he added that the EU would accept the US-led deal.
The two-week summit had been deadlocked as world leaders had struggled to hammer out a deal.
"The text we have is not perfect," said French President Nicolas Sarkozy."The text we have is not perfect," said French President Nicolas Sarkozy.
But he added: "If we had no deal, that would mean that two countries as important as India and China would be freed from any type of contract.But he added: "If we had no deal, that would mean that two countries as important as India and China would be freed from any type of contract.
"The United States, which is not in Kyoto, would be free of any type of contract. That's why a contract is absolutely vital.""The United States, which is not in Kyoto, would be free of any type of contract. That's why a contract is absolutely vital."
Jo Leinen, chairman of the European Parliament's environment committee, described the document as " a disappointment and below our expections".
"It's behind on emission targets, behind on commitment to verification and monitoring," he said.
A number of leaders have now left the Danish capital, including the US president and Brazil's President Luiz Inacio Lula da Silva.A number of leaders have now left the Danish capital, including the US president and Brazil's President Luiz Inacio Lula da Silva.
Reacting to the Copenhagen "deal", John Sauven, executive director of Greenpeace UK, said: "The city of Copenhagen is a crime scene tonight, with the guilty men and women fleeing to the airport.Reacting to the Copenhagen "deal", John Sauven, executive director of Greenpeace UK, said: "The city of Copenhagen is a crime scene tonight, with the guilty men and women fleeing to the airport.
"There are no targets for carbon cuts and no agreement on a legally binding treaty," he observed."There are no targets for carbon cuts and no agreement on a legally binding treaty," he observed.
"It is now evident that beating global warming will require a radically different model of politics than the one on display here in Copenhagen.""It is now evident that beating global warming will require a radically different model of politics than the one on display here in Copenhagen."