The energy sector received the highest amount of cumulative climate finance for mitigation dedicated to Africa between 2010 and 2019. It accounted for roughly 40 percent of the total finance flow for climate change mitigation. Transport and storage received 11 percent of the financing amount in the same period, while 10 percent went to the agriculture sector. Overall, Africa has been the second-highest beneficiary of climate finance flows worldwide, just behind Asia.
Distribution of climate mitigation finance flows to Africa between 2010 and 2019, by sector
Characteristic
Share of finance flow
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AfDB (Africa NDC Hub). (November 3, 2021). Distribution of climate mitigation finance flows to Africa between 2010 and 2019, by sector [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1313840/sectorial-distribution-of-climate-finance-for-mitigation-in-africa/
AfDB (Africa NDC Hub). "Distribution of climate mitigation finance flows to Africa between 2010 and 2019, by sector." Chart. November 3, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1313840/sectorial-distribution-of-climate-finance-for-mitigation-in-africa/
AfDB (Africa NDC Hub). (2021). Distribution of climate mitigation finance flows to Africa between 2010 and 2019, by sector. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1313840/sectorial-distribution-of-climate-finance-for-mitigation-in-africa/
AfDB (Africa NDC Hub). "Distribution of Climate Mitigation Finance Flows to Africa between 2010 and 2019, by Sector." Statista, Statista Inc., 3 Nov 2021, https://www.statista.com/statistics/1313840/sectorial-distribution-of-climate-finance-for-mitigation-in-africa/
AfDB (Africa NDC Hub), Distribution of climate mitigation finance flows to Africa between 2010 and 2019, by sector Statista, https://www.statista.com/statistics/1313840/sectorial-distribution-of-climate-finance-for-mitigation-in-africa/ (last visited July 22, 2024)
Distribution of climate mitigation finance flows to Africa between 2010 and 2019, by sector [Graph], AfDB (Africa NDC Hub), November 3, 2021. [Online]. Available: https://www.statista.com/statistics/1313840/sectorial-distribution-of-climate-finance-for-mitigation-in-africa/