An "ambitious & balanced" deal on climate alter will limit warming to "well below" 2C, according to France's foreign minister.
Laurent FabiusÂ said the accord negotiated at United Nations talks in Paris would be a "historic turning point" if it is adopted.
He added: "The world is holding its breath, it's counting on all of us."
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As well as the 2CÂ target, the deal, which would be legally binding, includes a commitment to strive towards limiting increases to 1.5C.
The countries most vulnerable to climate alter had lobbied for a 1.5C limit, while huge polluters such as China, India & Saudi Arabia preferred 2C.
The draft agreement moreover includes a five-year review system to increase ambition & differentiation between nations as to what their responsibilities are.
With 2015 forecast to be the hottest year on record, world leaders & scientists have warned a deal on limiting greenhouse gases is vital for capping temperatures & avoiding the consequences of a changing climate.
The 31-page text has been published online & presented to international negotiators, who will review the draft in the coming hours.
It sets a global goal of peaking global greenhouse gas emissions "as shortly as possible" & calls for achieving a balance between man-made emissions & the Earth's ability to absorb them by the second half of the century.
A section on "loss & damage" is moreover included, an issue that was pushed by small island nations & other vulnerable countries who wanted the agreement to recognise that there are some impacts of climate alter they cannot adapt to.
Organisers are hoping the accord will be adopted after on Saturday, yet objections could still be raised at a full meeting of the conference.
If the deal is adopted it will be the world's first comprehensive climate agreement with all countries taking action to tackle global warming.
UN Secretary General Ban Ki-moonÂ made an impassioned plea to the diplomats charged with negotiating the deal.
"The whole world is watching. Billions of people are relying on your wisdom," he said.
French President Francois Hollande echoed Mr Ban's comments, calling on nations to adopt "the first universal agreement on climate".Â
US Secretary of State John Kerry said he believes it is "teed up" to be adopted.
He said: "It should be satisfactory yet we'll see. Little things can happen yet we think it's teed up."
Protesters from environmental & human rights groups gathered near the Eiffel Tower to denounce the accord as insufficient.
Thomas Coutrot of advocacy group Attac said it is an optical illusion that "masks" a lack of serious changes like abandoning oil altogether.
Source: “Sky News”