Supporting a legally binding global agreement to reduce greenhouse gas emissions and provide financial assistance to the poorest and most vulnerable nations for adaptation and mitigation measures, and for other purposes.

Expresses support for: (1) the Copenhagen Accord as a meaningful step toward achieving the goal of a binding global agreement to reduce greenhouse gas (GHG) emissions; and (2) finance for developing countries consistent with the Accord's goals.

Calls for: (1) enacting comprehensive energy and climate change legislation; and (2) allotting funding to develop the processes and organizations required to manage the disbursement of funds efficiently and transparently.

Commends the High-Level Advisory Group on Climate Change Financing for its preliminary work in defining how finance for developing countries will be raised and disbursed.

Encourages the international community to create a legally binding agreement to reduce GHG emissions as soon as possible.