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Global transformation to a low-carbon economy requires at least $4-6 trillion a year: UNEP

A day after the UN climate change body flagged inadequacy of combined existing pledges of countries to achieve desired goal of limiting global warming, another UN agency on Thursday endorsed the concerns while looking at gaps in required actions, and said a global transformation to a low-carbon economy is expected to require investments of at least $4-6 trillion a year.

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