The developing countries negotiating bloc went into Copenhagen, Denmark with an ambitious goal. They wanted rich countries to commit one per cent of their annual gross domestic product for climate change adaptation. This money would help developing countries manage the impact of climate change.
At the end of the United Nations Climate Change Conference, only a fraction of this money was promised in the Copenhagen Accord. And the agreement is not legally binding.
Developing countries were represented by Sudanese ambassador Lumumba Di-Aping. He maintained that rich countries should contribute at least 400 billion American dollars per year (approximately 280 billion Euros) for adaptation.
Ethiopian Prime Minister Meles Zenawi represented the African group of nations. He put a lower figure on the table. He asked for 100 billion American (approximately 70 billion Euros) in adaptation funds. Mr. Zenawi acknowledged that the proposal would disappoint some Africans. But he maintained that it would ensure more reliable funding.
The Copenhagen Accord was signed by some countries as the conference went into overtime. It promises just 30 billion American dollars (approximately 21 billion Euros) for climate change adaptation and mitigation from 2010 to 2012. One hundred billion American dollars per year (approximately 70 billion Euros) was promised by 2020.