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Bitterly divided UN conference recognizes Obama-brokered climate deal after all-night session

The Associated Press

President Barack Obama makes a statement at the United Nations Climate Change Conference at the Bella Center in Copenhagen, Denmark, Friday, Dec. 18, 2009. (AP Photo/Susan Walsh)

COPENHAGEN, Denmark — The UN climate conference has ended after two weeks of intense wrangling.

The conference accepted a new U.S.-brokered deal that offers billions to help poorer nations adjust to global warming but does little to cut emissions of greenhouse gases.

The 193-nation conference -- the largest, most important climate meeting in history -- was gaveled to a close at 3:26 p.m. (1426 GMT) Saturday, ending a 31-hour negotiating marathon.

Its last major action was considering the Copenhagen Accord, product of closed-door summit bargaining Friday between President Barack Obama and the leaders of China and other major developing nations.

Under the accord, richer nations pledge $10 billion a year in climate aid for three years, and set a goal of much more money eventually.

The accord also envisions deeper cuts in big polluters' greenhouse gas emissions, but does not impose limits.

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