summary for Climate of Compromise

Before the Copenhagen Summit, many countries have already pledge to reduce carbon emission by considerable amount with the European Union committing with 20% reduction below 1990 levels and would increase it to 30% with a global pact. Countries have shown that they have started to analyse their own emission and have developed ways to set the amount of emission to meet their commitments, but these actions are not enough to prevent the effects of global warming, countries need to reduce the global emissions far more in long term before it gets tougher when the progress is delayed.
Developing countries will be affected most by the effects of global warming and in order for the pact to be successful, developed countries should reduce a substantial amount of greenhouse gases while developing countries should start controlling the amount of greenhouse gases being produced.
While much money is needed to move the society into a low carbon future, many of the developed countries has yet committed fully its progress due to global recession, another problem is that developed countries have not done enough to help those developing countries financially. On top of that, developing countries will need an excess of US$100billion to cope with the effects of global warming annually.
In conclusion, as many countries have conditions prior to signing the treaty, more countries are needed to raise the chances of achieving a better result.