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On the sidelines of the summit, a group of environmental groups have bestowed the mock Angry Mermaid award to highlight corporations trying to thwart efforts against global warming. The biotech giant Monsanto finished in first place, followed by the oil giant Royal Dutch Shell and the oil lobby the American Petroleum Institute. (Time: 0:56)

Paul de Clerck of Friends of the Earth International said richer nations are putting corporate profits above global survival. Paul de Clerck said. "The UN climate negotiations are moving further and further way from commitments from rich countries to reduce their emissions at home. We see that solutions pushed for are mainly instruments that will generate big profits for companies, while most of these instruments do not result in reduction of greenhouse gas emissions, and some of them are even destroying the environment and local communities rights".


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