Climate Finance Report 2024

ANNEX

Table 14b: Percentage of Climate Finance to total regional allocation, 2022 Regional split, 2022, percent of regional total

OPEC Fund Finance (US$MN)

Climate Finance (%)

Mitigation finance (%)

Adaptation finance (%)

ASP

220.00

50.00

50.00

0

LAC

390.00

43.93

22.26

21.67

MEC

375.00

28.02

19.43

8.59

Sub-Saharan Africa

556.37

23.19

17.81

5.38

Total

1,541.37

33.44

23.93

9.51

Table 15a: Distribution of OPEC Fund portfolio and Climate Finance by region, 2023

OPEC Fund Finance Climate Finance

Mitigation finance

Adaptation finance

ASP

230.00

44.16

15.66

28.50

LAC

215.00

118.79

65.85

52.93

MEC

384.58

134.35

91.65

42.70

Sub-Saharan Africa

381.38

120.11

39.11

81.01

Total

1,210.96

417.41

212.27

205.14

Table 15b: Percentage of Climate Finance to total regional allocation, 2023

OPEC Fund Finance (US$MN)

Climate Finance (%)

Mitigation finance (%)

Adaptation finance (%)

ASP

230.00

19.20

6.81

12.39

LAC

215.00

55.25

30.63

24.62

MEC

384.58

34.93

23.83

11.10

Sub-Saharan Africa

381.38

31.49

10.25

21.24

Total

1,210.96

34.47

17.53

16.94

82

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