The biggest U.N. summit on sustainable development in a decade approved a strategy to haul more than a billion people out poverty and cure the sickness of the biosphere.
But critics branded the plan a cruel failure, saying it had been gutted of ambition by national interests.
"It's a demonstration of political impotence, of system paralysis, and it makes me feel pessimistic about the system's ability to deliver," Laurence Tubiana, director of a French think tank, the Institute for Sustainable Development and International Relations (IDDRI), said in an interview.
"The multilateral process today is not delivering the urgent action we need," WWF's Jim Leape told AFP in an email.
"International action is in fact important, to galvanize a global response to these challenges, but it's clear that we need to look to leadership in other places ... that means looking for changes everywhere — communities, cities, national governments and companies."
The gathering of 191 U.N. members crowned a 10-day forum marking 20 years since the Rio Earth Summit, where leaders vowed the world would live within its environmental means.
In a sprawling 53-page statement, the three-day summit voiced dismay at entrenched poverty and mounting ecological stress.
"We ... renew our commitment to sustainable development, and to ensure the promotion of an economically, socially and environmentally sustainable future for our planet and for present and future generations," it said.
Titled "The Future We Want," the statement highlighted the many perils facing a planet whose human population is set to surge from 7 billion today to 9.5 billion by 2050.
The long list includes climate change, desertification, fisheries depletion, pollution and deforestation, and the danger that thousands of species will go the way of the dodo.
"Sustainable Development Goals" will replace the U.N.'s Millennium Development Goals from 2015, although defining the aim will be left for future talks — a process likely to be long and fiercely fought.
The strategy also promotes the green economy, a concept that breaks new ground in official U.N. terminology but is viewed suspiciously by many developing economies.
The statement also reflected the worries of advanced economies battling a deep financial crisis.
Despite the demands of developing nations for $30 billion in help, the text stipulated no funding figures to achieve sustainability goals.
U.N. Secretary General Ban Ki-moon said the outcome "provides a firm foundation for social, economic, environmental well-being."
"It will guide us, all of us, towards a sustainable path. It is now our responsibility to build on it."
President Dilma Rousseff told a press conference that Brazil, the host country, had secured the compromise after months of haggling.
"The consensus is a point of departure, not arrival," she cautioned.
"With this document, nations move forward. We cannot allow anyone to remain behind. The next conference will have to be a leap forward."
U.S. Secretary of State Hillary Clinton said the document "marks a real advance for sustainable development. We know this is one of the most pressing matters of our time."
But others said a historic opportunity had been thrown away.
"The two defining challenges we face today are eradicating global poverty and managing the risks of climate change," said British economist Lord Nicholas Stern, author of a landmark study into the costs of global warming.
"But the conference has failed to acknowledge the compelling evidence about the scale and urgency of action required."
A registry that was opened during the conference showed that nearly 700 commitments, mobilizing $513 billion, had been made for sustainable development by governments and businesses, the U.N. said on Friday.
It gave no details about whether the funding was new or the criteria for determining whether the projects were sustainable.
In the green movement, many activists branded Rio+20 a disappointment to rank alongside the 2009 Copenhagen climate summit, a near fiasco.
"The only people dancing in Rio tonight will be those who continue to benefit from a broken economic model that puts profit ahead of people and planet," said Asad Rehman of Friends of the Earth.
"Rio+20 has been a failure of epic proportions," said Greenpeace's executive director, Kumi Naidoo.
"We must now work together to form a movement to tackle the equity, ecology and economic crises being forced on our children. The only outcome of this summit is justifiable anger, an anger that we must turn into action."
Ban had named the Conference on Sustainable Development as the cornerstone of his plan for fairer, cleaner growth, the "No. 1 priority" of his tenure.
But talk of a summit that would draw as many 130 heads of state or government to give a push to his goals was way off the mark.
In the end, less than half of the U.N.'s roll call of countries sent their leader, with the remainder represented by deputies, ministers or simply chief negotiators.
Absentees included U.S. President Barack Obama, Russian President Vladimir Putin, Chancellor Angela Merkel of Germany and British Prime Minister David Cameron.