Climate finance worldwide has experienced a continual growth over the past decade, surpassing the one-trillion U.S. dollars threshold in 2021/2022. This was roughly double the figure recorded for 2019/2020. Nevertheless, annual climate finance needs are estimated at roughly nine trillion U.S dollars by 2030, which means global funding needs to continue growing steadily until the end of the decade.
Climate finance worldwide from 2011 to 2022
(in billion U.S. dollars)
The source adds that roughly 170 billion U.S. dollars of climate finance in 2021/2022 are associated with new data sources, and not an increase in actual funding flow.
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Climate Policy Initiative. (November 2, 2023). Climate finance worldwide from 2011 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448940/global-climate-finance-timeline/
Climate Policy Initiative. "Climate finance worldwide from 2011 to 2022 (in billion U.S. dollars)." Chart. November 2, 2023. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448940/global-climate-finance-timeline/
Climate Policy Initiative. (2023). Climate finance worldwide from 2011 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448940/global-climate-finance-timeline/
Climate Policy Initiative. "Climate Finance Worldwide from 2011 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Nov 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448940/global-climate-finance-timeline/
Climate Policy Initiative, Climate finance worldwide from 2011 to 2022 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448940/global-climate-finance-timeline/ (last visited November 13, 2024)
Climate finance worldwide from 2011 to 2022 (in billion U.S. dollars) [Graph], Climate Policy Initiative, November 2, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448940/global-climate-finance-timeline/