Landscape of Climate Finance for Agriculture, Forestry, Other Land Uses and Fisheries
Summary
This brief report by the Climate Policy Initiative presents preliminary findings from a study on global climate finance for agriculture, forestry, other land uses, and fisheries (AFOLU). It highlights a significant funding gap, noting that AFOLU receives only a small fraction of total climate finance despite the sectors' high emissions and economic importance, particularly in low-income countries.
Key insights
- The AFOLU sectors are significant contributors to global greenhouse gas emissions, with the sectors themselves responsible for 13-21% of emissions over the last decade and broader food system-related emissions accounting for 34% of total annual GHG emissions.
- AFOLU sectors have high economic importance in low-income countries, where they represent 25% of GDP and employ 63% of the workforce, compared to 8% of GDP and 30% employment in middle-income countries, and 1% of GDP and 3% employment in high-income countries.
- Climate finance for AFOLU is severely underfunded relative to other sectors; in 2019/20, the annual average was USD 16.3 billion, representing only 2.5% of total tracked climate finance, while renewable energy generation received 51% and low-carbon transport received nearly 26%.
- To align with the Paris Agreement, AFOLU sectors require a nearly 26-fold increase in annual funding, reaching USD 423 billion annually by 2030.
- The East Asia and Pacific region is the primary recipient of AFOLU climate finance, followed by Sub-Saharan Africa, where agriculture accounts for 23% of the region's GDP.
- In 2019/20, forestry and agriculture combined received nearly 80% of AFOLU climate finance, while fisheries, food loss and waste, and low-carbon diets received only a minor fraction.
Cite the original document
- APA
- Climate Policy Initiative (2022). Landscape of Climate Finance for Agriculture, Forestry, Other Land Uses and Fisheries. https://www.climatepolicyinitiative.org/publication/landscape-of-climate-finance-for-agriculture-forestry-other-land-uses-and-fisheries/
- Chicago
- Climate Policy Initiative. Landscape of Climate Finance for Agriculture, Forestry, Other Land Uses and Fisheries. 2022. https://www.climatepolicyinitiative.org/publication/landscape-of-climate-finance-for-agriculture-forestry-other-land-uses-and-fisheries/.
- Wikipedia
- {{cite report |author=Climate Policy Initiative |title=Landscape of Climate Finance for Agriculture, Forestry, Other Land Uses and Fisheries |date=4 November 2022 |url=https://www.climatepolicyinitiative.org/publication/landscape-of-climate-finance-for-agriculture-forestry-other-land-uses-and-fisheries/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatepolicyinitiative2022landscape, author = {{Climate Policy Initiative}}, title = {{Landscape of Climate Finance for Agriculture, Forestry, Other Land Uses and Fisheries}}, institution = {Climate Policy Initiative}, year = {2022}, month = nov, url = {https://www.climatepolicyinitiative.org/publication/landscape-of-climate-finance-for-agriculture-forestry-other-land-uses-and-fisheries/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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