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Global project-level climate finance for adaptation, mitigation, and dual-purpose action totaled *** billion U.S. dollars in 2019/2020. Of this total, the agrifood system recieved just *** percent, or ** billion U.S. dollars on average. Meanwhile, finance for reducing or removing emissions in the agrifood system stood at just *** percent of total mitigation finance. This is despite food system emissions accounting for around one-third of global GHG emissions. The majority of climate financing goes toward other segments, such as renewable energy and low-carbon transportation.Â
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