Low-Carbon Transition for Nine Emerging Economies Costs 0.6% of GDP: Study

Imagine a group of nine big countries that are still growing, like China and India.

They want to stop using fuels that pollute the air and make the planet warmer.

This report says that to do this by the year 2030, they need to spend about 2.2 trillion dollars in total.

That sounds like a lot, but it's only a tiny part of their total money, just 0.6% of what they earn each year.

They need to spend money to make their factories cleaner, especially for making steel and cement, which are the hardest to make without pollution.

They also need to build places to charge electric cars.

The good news is that making clean energy from the sun and wind is getting cheaper, so that part doesn't cost as much.

The report suggests that if other countries and big banks help them with money and better deals, it's possible for these countries to make this change without it being too expensive.

The challenge is not just the money, but making sure these countries can handle all the new money coming in without causing problems.