DUBAI--A new compromise floated early Wednesday at United Nations COP28 climate talks called for the world to eventually wean itself off planet-warming fossil fuels in a global rallying cry stronger than proposed days earlier, but with loopholes that upset critics.

The new proposal doesn’t go so far as to seek a “phase-out” of fossil fuels, which more than 100 nations had pleaded for. Instead, it calls for “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner, accelerating action in this critical decade.”

That transition would be in a way that gets the world to net zero greenhouse gas emissions in 2050 and follows the dictates of climate science.

It projects a world peaking its ever-growing carbon pollution by the year 2025 to reach its agreed-upon threshold but gives wiggle room to individual nations like China to peak later.

“The world is burning, we need to act now,” said Ireland Environment Minister Eamon Ryan.

Intensive sessions with all sorts of delegates went well into the small hours of Wednesday morning after the conference presidency’s initial document angered many countries by avoiding decisive calls for action on curbing warming. Then, the United Arab Emirates-led presidency presented delegates from nearly 200 nations a new central document — called the global stocktake — just after sunrise.

It’s the third version presented in about two weeks and the word “oil” does not appear anywhere in the 21-page document, but “fossil fuels” appears twice.

The Alliance of Small Island States said in a statement that the text “is incremental and not transformational. We see a litany of loopholes in this text that are a major concern to us.”

“We needed a global signal to address fossil fuels. This is the first time in 28 years that countries are forced to deal with fossil fuels,” Center for Biological Diversity energy justice director Jean Su told The Associated Press. “So that is a general win. But the actual details in this are severely flawed.”

“The problem with the text is that it still includes cavernous loopholes that allow the United States and other fossil fuel producing countries to keep going on their expansion of fossil fuels,” Su said. “There’s a pretty deadly, fatal flaw in the text, which allows for transitional fuels to continue” which is a code word for natural gas that also emits carbon pollution.

Power Shift Africa’s Mohamed Adow focused on what he called a strong signal in the fight against fossil fuels even if there are too many loopholes: “The genie is never going back into bottle and future COPs will only turn the screws even more on dirty energy.”

Speaking to a crowd of journalists, environmental activists and analysts who pored over the changes in the proposed text rated it from a “C” to a “B” after giving the initial proposal a failing grade. However, the feeling among them was it likely would be the final text.

“The text has many loopholes and offers several gifts to the greenwashers, with mentions of carbon capture and storage, so-called transition fuels, nuclear power and carbon markets,” said Action Aid global climate chief Teresa Anderson. “Overall, it maps a rocky road towards a fossil free future.”

But World Resources Institute Global Climate Program Director Melanie Robinson praised the plan, saying, “this would dramatically move the needle in the fight against climate change and overcome immense pressure from oil and gas interests.”

It’s a classic compromise, said Union of Concerned Scientists climate and energy policy director Rachel Cleetus. She said she liked how her side was able to fight back against fossil fuel interests but hated how the plan “does not have strong provisions for finance for developing countries to make a clean energy transition and close the energy poverty gap.”

The aim of the global stocktake is to help nations align their national climate plans with the 2015 Paris agreement that calls to limit warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit). Earth is on its way to smashing the record for hottest year, endangering human health and leading to ever more costly and deadly extreme weather.

Nations were given a few hours to look at what COP28 President Sultan al-Jaber and his team produced. They’ll then meet in a session that could lead to the text’s adoption or could send negotiators back for more work.

Some of the language in previous versions of the draft that most upset nations calling for dramatic action to address climate change was altered. Actions that had previously been presented as an optional “could” changed to a bit more directing “calls on parties to.”

Other documents presented before sunrise Wednesday addressed, somewhat, the sticky issues of money to help poorer nations adapt to global warming and emit less carbon, as well as how countries should adapt to a warming climate. Many financial issues are supposed to be hammered out over the next two years at upcoming climate conferences in Azerbaijan and Brazil. The United Nations Environment Program estimates that developing nations need $194-366 billion per year to help adapt to a warmer and wilder world.

“Overall, I think this is a stronger text than the prior versions we have seen,” said U.N. Foundation senior adaptation adviser Cristina Rumbaitis del Rio. “But it falls short in mobilizing the financing needed to meet those targets.”

The annual conference was supposed to end Tuesday after nearly two weeks of work and speech-making. Instead, negotiators were in closed meetings as they reworked the cornerstone document that flopped a day earlier.

Oil, gas and coal are the major drivers of warming and activists, experts and many nations argued that aggressively curbing fossil fuels is critical to limit warming.

The key for the summit is finding language that won’t make someone block a deal because a final agreement has to be by consensus. But consensus doesn’t require unanimity, and past climate summits have pushed through an agreement over the objections of a nation or two, climate negotiations historian Joanna Depledge of Cambridge University said.

“Overruling is not impossible, just politically very, very risky,” she said.

Danish climate minister Dan Jorgensen walked into the plenary session Wednesday with some optimism after what he called “extremely complex negotiations.”

He told journalists: “Fossils is not the future. We’re moving away from it.”