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What is Low Carbon Economy?

A low carbon economy is an economic system that aims to minimize greenhouse gas emissions. It focuses on reducing reliance on fossil fuels and increasing the use of renewable energy sources. Transitioning to a low carbon economy involves changes in energy production, transportation, and industrial processes. It also includes improving energy efficiency and adopting sustainable practices across sectors. The goal is to achieve economic growth while significantly reducing carbon emissions. A low carbon economy is essential for mitigating climate change and promoting sustainable development.

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