The Asia-Pacific Partnership on Clean Development and Climate, announced July 28, 2005, is a nonbinding agreement between the US, China, India, Japan, South Korea, and Australia — nations that together produce nearly 50 percent of the world’s greenhouse-gas emissions — aimed at encouraging the development and sharing of more efficient energy technologies.’The pact does not include mandatory, binding cuts in greenhouse gas emissions.
If you want to read more about the Asia-Pacific Partnership on Clean Development and Climate and the reaction to it see
Pact of Fiction on Grist
Climate pact: For good or bad? on BBC news