Now that the dust has settled after the UN's Rio+20 summit, interpretations of what happened seem to be wildly diverging. NGOs across the board and most media observers consider the summit and its final text a disaster because of the failure to agree on binding policies and targets. UN Secretary-General Ban Ki-moon, in contrast, claimed that the outcome “provides a firm foundation for social, economic and environmental well-being”, highlighting the many public-private partnerships that were presented at the summit's side-events and the pledges by governments and companies to invest an