Global Landscape of Climate Finance 2024
Summary
The report provides an overview of global climate finance trends between 2018 and 2022, highlighting a total reach of USD 1.46 trillion in 2022 and noting significant disparities in growth between advanced economies and emerging markets and developing economies (EMDEs).
Key insights
- Global climate finance reached USD 1.46 trillion in 2022, maintaining an upward trend despite challenges such as the COVID-19 pandemic, inflation, and international conflicts.
- Climate finance growth was inconsistent across different economies. Advanced economies saw total finance grow from USD 342 billion in 2018 to USD 589 billion in 2022, with domestic finance accounting for 88% of that total (USD 521 billion) by 2022. In contrast, many EMDEs (excluding LDCs) experienced slowed growth between 2018 and 2020, particularly in Latin America and the Caribbean (LAC) and sub-Saharan Africa, where 2020 levels fell below 2018 levels.
- Climate finance to Least Developed Countries (LDCs) more than doubled over five years, rising from USD 19 billion in 2018 to USD 39 billion in 2022. Additionally, finance to EMDEs (excluding LDCs) in sub-Saharan Africa rose from USD 10 billion to USD 19 billion, and in South Asia from USD 26 billion to USD 41 billion between 2020 and 2022.
Cite the original document
- APA
- Climate Policy Initiative (2024). Global Landscape of Climate Finance 2024. https://www.climatepolicyinitiative.org/publication/global-landscape-of-climate-finance-2024/
- Chicago
- Climate Policy Initiative. Global Landscape of Climate Finance 2024. 2024. https://www.climatepolicyinitiative.org/publication/global-landscape-of-climate-finance-2024/.
- Wikipedia
- {{cite report |author=Climate Policy Initiative |title=Global Landscape of Climate Finance 2024 |date=31 October 2024 |url=https://www.climatepolicyinitiative.org/publication/global-landscape-of-climate-finance-2024/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatepolicyinitiative2024global, author = {{Climate Policy Initiative}}, title = {{Global Landscape of Climate Finance 2024}}, institution = {Climate Policy Initiative}, year = {2024}, month = oct, url = {https://www.climatepolicyinitiative.org/publication/global-landscape-of-climate-finance-2024/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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