Global project-level climate finance for adaptation, mitigation, and dual-purpose action totaled 660 billion U.S. dollars in 2019/2020. Of this total, the agrifood system recieved just 4.3 percent, or 28 billion U.S. dollars on average. Meanwhile, finance for reducing or removing emissions in the agrifood system stood at just 2.4 percent of total mitigation finance. This is despite food system emissions accounting for around one-third of global GHG emissions. The majority of climate financing goes toward other segments, such as renewable energy and low-carbon transportation.
Agri-food system climate and mitigation financing compared to total climate and mitigation financing as of 2020
(in billion U.S. dollars)
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World Bank. (September 19, 2024). Agri-food system climate and mitigation financing compared to total climate and mitigation financing as of 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1535479/global-agri-food-system-climate-financing/
World Bank. "Agri-food system climate and mitigation financing compared to total climate and mitigation financing as of 2020 (in billion U.S. dollars)." Chart. September 19, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1535479/global-agri-food-system-climate-financing/
World Bank. (2024). Agri-food system climate and mitigation financing compared to total climate and mitigation financing as of 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1535479/global-agri-food-system-climate-financing/
World Bank. "Agri-food System Climate and Mitigation Financing Compared to Total Climate and Mitigation Financing as of 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Sep 2024, https://www.statista.com/statistics/1535479/global-agri-food-system-climate-financing/
World Bank, Agri-food system climate and mitigation financing compared to total climate and mitigation financing as of 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1535479/global-agri-food-system-climate-financing/ (last visited December 22, 2024)
Agri-food system climate and mitigation financing compared to total climate and mitigation financing as of 2020 (in billion U.S. dollars) [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/1535479/global-agri-food-system-climate-financing/
