Copenhegen Accord

What is the sum and substance of the Copenhagen Accord?
The Accord which could not be adopted due to objection by several countries such as Cuba, Venezuela, Nicaragua and Sudan was instead “taken note of”.
The Copenhagen Accord sets the goal of limiting global temperature increases to 2 degree celsius though it does not set any binding targets for emission reduction. Both developing and developed countries will have to inform UNFCCC of its commitment to reduce emission of greenhouse gases to mitigate the effects of climate change. The accord pledges $30 billion between 2010 and 2012 and $100 billion by 2020 for developing countries, particularly vulnerable countries and small island states, to help adapt to and mitigate the effects of climate change.