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1 1 (November 21, 2019)

handle is hein.crs/govbbpx0001 and id is 1 raw text is: Updated November 21, 2019 Green Climate Fund: Resource Mobilization, Recent Projects Resource Mobilization The Green Climate Fund (GCF) was officially opened for capitalization at the U.N. Climate Summit in September 2014. (See CRS In Focus IF10382, The Green Climate Fund (GCF) for a history and overview of the fund.) The GCF's initial resource mobilization (IRM) lasted from 2015 to 2018. As of the most recent reporting, April 30, 2019, the GCF had raised over $10.2 billion (all amounts are in U.S. $ equivalent) in signed pledges from 48 countries/regions/cities during the IRM period. Table 1 shows the pledges of the top 20 donor parties and the funds contributed as of April 30, 2019. Table I. Top Pledges for GCF's IRM (in millions U.S. $ equivalent, as of April 30, 2019) Party Pledged Contributed United States 3,000.0 1,000.0 Japan 1,500.0 1,500.0 United K igdo 1,211.0 1,211.0 Kingdom France 1,035.5 1,035.5 Germany 1,003.3 1,003.3 Sweden 581.2 581.2 Canada 277.0 277.0 Norway 272.2 272.2 Italy 267.5 267.5 Australia 187.3 187.3 Spain 160.5 56.2 Netherlands 133.8 133.8 Finland 107.0 76.1 Republic of 100.0 100.0 Korea Switzerland 100.0 100.0 Denmark 71.8 71.8 Belgium 66.9 66.9 Luxembourg 46.8 40.1 Austria 34.8 34.8 Mexico 10.0 10.0 Source: Green Climate Fund, https://www.greenclimate.fund/how- we-work/resource-mobilization. Notes: United States dollars equivalent (U.S. $ eq.) based on the reference exchange rates established for GCF's High-Level Pledging Conference (GCF/BM-2015/Ilnf.01). First Replenishment On October 25, 2019, during the Pledging Conference for GCF's First Replenishment in Paris, 27 countries made pledges totaling $9.8 billion for the next 4 years (see Table 2). No regions or cities made pledges on October 25, 2019. Table 2. Pledges for GCF's First Replenishment (in millions U.S. $ equivalent, as of October 25, 2019) Party Pledge United Kingdom 1,851.9 France 1,794.1 Germany 1,689.8 Japan 1,500.0 Sweden 852.6 Norway 433.7 Italy 350.2 Canada 229.2 Korea 200.0 Spain 176.5 Switzerland 155.5 Netherlands 141.1 Denmark 126.0 Finland 116.7 Belgium 46.7 Luxembourg 46.7 Austria 35.8 New Zealand 10.7 Ireland 4.8 Monaco 4.4 Poland 3.2 Slovak 2.3 Iceland 2.1 Slovenia 1.2 Portugal 1.2 Hungary 0.7 Indonesia 0.5 Liechtenstein 0.1 Source: Green Climate Fund. - ........... E10 ILU mgnowgo

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