Renewables could increase developing countries’ GDP by 10%, report finds

https://www.yahoo.com/news/articles/renewables-could-increase-developing-countries-133414921.html

by yahoonews

5 comments
  1. **From Semafor:**

    Low-and middle-income countries could see their GDP grow by around 10% within 25 years if they transition to renewables quickly enough to double energy-sector productivity, a new report found.

    The Oxford University [study](https://www.smithschool.ox.ac.uk/sites/default/files/2025-11/The-economic-benefits-of-renewable-energy-and-how-to-share-them.pdf) found that renewable energy productivity gains are especially consequential in developing countries: Already, between 2017 and 2022, renewable investments in the 100 largest developing countries (excluding China) contributed a combined $1.2 trillion to GDP growth — equivalent to 2-5% of GDP for most of these nations.

    Read more: [https://www.yahoo.com/news/articles/renewables-could-increase-developing-countries-133414921.html](https://www.yahoo.com/news/articles/renewables-could-increase-developing-countries-133414921.html)

  2. Pro-tip — it could increase ***every*** country’s GDP by 10%

  3. I saw something where China is helping some African nations go solar and since they had pretty much nothing it will be a huge difference maker. It will be interesting to see what happens.

    Guess part of it is they are over producing and need to create markets. Interesting times.

  4. And let’s not talk about the huge impact on most EMDE’s balance of payments.

    Fossil fuel importing is a massive drag on macro stability.

  5. Likely way more than 10%, developing countries currently do not have readily accessible energy and renewables + batteries will change that. If America didn’t have readily accessible fossil fuels the economy would not only be 10% smaller.

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