DEVELOPED COUNTRIES Export Credits EMERGING COUNTRIES Private sector CLIMATE FINANCING Bilateral and multilateral institutions 82% 2.3% 15.7% 80 FINANCING CLIMATE ACTION DATAVIZOnly US$89.6 billion was collected in 2021 (83.3 in 2020) out of the 100 per year promised at COP15 in Copenhagen (2009) to help emerging countries reduce their GHG emissions and adapt to climate change. How does this financial assistance work? 1. Who finances and how? 2. What sums have been mobilized? In 2020 $83,3bn $100bn CLIMATE FINANCE MOBILIZED BY DEVELOPED COUNTRIES FOR EMERGING COUNTRIES The target of mobilizing $100 billion/year set during COP15 in Copenhagen for 2020 – reiterated during COP21 in 2015 and extended to 2025 – has not been reached. 3. For which beneficiaries Destination regions of climate finance (Total funding, in billions of dollars, annual average 2019/2020) Transregional $11 bn Western Europe $105 bn USA & Canada $83 bn Latin America & Caribbean $35 bn Middle East & North Africa $16 bn Sub-Saharan Africa $19 bn Eastern Europe & Central Asia $33 bn East Asia & Pacific $292 bn Oceania $9 bn South Asia $30 bn 4. For which sectors of activity? Distribution of climate financing provided and mobilized (%) 32% energy 14% transport 9% agriculture, forestry, fishing 8% water and sanitation 5% bank services 28% others sectors 4%INDUSTRY EXTRACTION CONSTRUCTION
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