Fractal decimation reduces the effective dimensionality D of a flow by keeping only a (randomly chosen) set of Fourier modes whose number in a ball of radius k is proportional to k(D) for large k. At the critical dimension D(c)=4/3 there is an equilibrium Gibbs state with a k(-5/3) spectrum, as in V. L'vov et al., Phys. Rev. Lett. 89, 064501 (2002). Spectral simulations of fractally decimated two-dimensional turbulence show that the inverse cascade persists below D=2 with a rapidly rising Kolmogorov constant, likely to diverge as (D-4/3)(-2/3).