Let's see - Earth's radius is 6,378 km.
Area exposed to the sun therefore would be 6,378 * 6,378 * 3.14 = 127,731,695 [1]
If you wanted to block just 1% of the light, that would take a shade of 1 million square kilometers, which would be equivalent to a shade that is 1,130 km on a side.
Seems like it would be tough to do given all the dust and rocks floating around the sun. Also, you're only covering 1%, which is much less than cloud cover.
I'd assume you'd aim to block at the equator since that would have the most direct impact on the intensity of the sun over the course of a year.
[1] - I'm calculating the projection as a flat surface here, so the numbers aren't exact but close enough.