Landscape of Climate Finance for Agriculture, Forestry, other Land Use and Fisheries: Preliminary Findings

Abstract

Between 2013 and 2020, climate finance to agriculture, forestry, other land uses, and fisheries (AFOLU*) followed a mostly positive trend. However, it recorded a 20% drop between the period 2017/18 and 2019/20, with the latter annual average reaching USD 16.3 billion. This represents only 2.5% of total climate finance tracked, indicating that AFOLU sectors are underfunded in comparison to other sectors, like renewable energy generation receiving 51% or
low-carbon transport with nearly 26% of the total.