The negotiators, who have been in the Peruvian capital for about two weeks, are grappling to prepare the elements of the draft due to the logjam between developing countries and industrialised nations that haggle over the formula of sharing the burden for cutting emissions, and who should pay.
Peruvian Environment Minister Manuel Pulgar-Vidal, who presides over the talks, was seemingly frustrated by the lack of progress and called for constructive exchanges.
"We are almost there. We just need to make a final effort. Finding a solution would be a way to show to the world that we are building this process step by step," he said.
Parties were given 30 minutes to look over the five-page draft but after several countries demanded more time to review, the co-chairs decided reconvene at 1500 GMT.
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The climate talks are aiming to establish the draft text of a new agreement that will be signed by all countries at the next major talks in Paris in 2015 and take effect by 2020.
A major concern of the co-chairs is that ministers have already left the conference and the negotiations are at a "crucial juncture." The co-chairs have encouraged parties to "reach beyond the boards beyond your own group" in their review of the draft text.
The current draft of the text regarding the intended nationally determined contributions (INDCs) is mitigation- centric once again.
Developed countries were not ready to make financial or technology sharing commitments and so the financial portion of the current draft is weaker than previous versions.
Also absent is any reference to common but differentiated responsibility or long term financial commitments.
Of particular interest to India is also the section on an ex-ante review process of the INDCs. The section indicates that "sovereignty" should be guarded and will apply only to "parties willing to do so".