1) The document discusses the key elements needed for a comprehensive, legally binding outcome from the Copenhagen climate change conference (COP15). This includes resolving substantive issues like mitigation commitments and financing, agreeing on what each party is legally obligated to do, and deciding on the legal framework. 2) The outcome must be captured in a legal text or instrument, rather than just separate COP decisions. It should not allow reopening of negotiations and must build on the Kyoto Protocol. 3) Industrialized countries must commit to ambitious emission reductions and a second commitment period under the Kyoto Protocol. They must also provide sufficient long-term financing to developing countries for mitigation and adaptation.