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Empresas y finanzas

EU tempers hopes of binding climate deal this year


    BRUSSELS (Reuters) - The European Union executive is tempering its hopes of securing a legally binding climate deal in talks this year culminating in Cancun, Mexico, focusing instead on a 2011 summit in South Africa, a source said.

    "The realistic approach is to aim for deliverables in the Bonn and Cancun meetings this year, and then to aim for a legally binding agreement in South Africa," the European Commission source said on condition of anonymity.

    "But we should not give up hope of it being done earlier," the source added.

    (Reporting by Pete Harrison, editing by Dale Hudson)