UN Secretary-General Ban Ki-moon is calling on the delegates from over the 190 countries in Peru to deliver a draft, in an attempt to provide a "solid foundation" for an international agreement in Paris next December.
"I urge all delegations to overcome all procedural matters and deliver a draft negotiating text with a formal status, so that the work on negotiation can begin in earnest at the February session. We don't have a moment to lose."
China's chief climate negotiator Xie Zhenhua has been meeting with non-governmental organizations in the lead-up to the conclusion of the event.
The deputy chief of the National Development and Reform Commission is urging delegates in Lima to create concrete action before 2020, rather than looking to the distant future.
At the same time, Xie Zhenhua says China has no desire to tap into a 100-billion US dollar Green Climate Fund being sponsored by wealthy countries to help the developing world fight climate change.
"The Green Climate fund is meant to help developing countries improve their capacity to tackle the climate change. It is a comparatively small sum of money, so China doesn't want to vie for money with impoverished developing countries. Instead, we will help them build their capacity through a south-south cooperation fund."
China has been putting aside 10-million US dollars a year for the last 3-years to seed the south-south cooperation fund.
That figure is going to be doubled next year.
Meanwhile, US Secretary of State John Kerry has arrived in Lima for the conclusion of the climate change negotiations.
His arrival is meant to be a message to the world that the United States wants to be a leader in the fight against global warming.
Kerry has also lauded the work his country and China have been doing this year to deal with climate change.
"The United States and China, two countries long regarded as the leaders of opposing camps in these negotiations have now found common ground on this issue. That is a historic milestone and it should send a clear message to all of us that the road blocks we've hit for decades can be removed from our path."