Initial Resource Mobilisation | Green Climate Fund

Resource mobilisation

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GCF’s Initial Resource Mobilisation

Amount announced $ 9.3 billion
Amount confirmed $ 9.3 billion

Following a rapid institutional start-up phase, the GCF’s Initial Resource Mobilisation (IRM) in 2014 quickly raised USD 9.3 billion in pledges. Of this, USD 9.3 billion was confirmed. At its 21st meeting in October 2018, the GCF Board launched the process for the Fund's first replenishment (GCF-1).

Contributions

As of 31 July 2020, the Green Climate Fund has raised USD 9.3 billion equivalent in pledges from 49 countries/regions/cities. These include 9 representing developing countries (Chile, Colombia, Indonesia, Mexico, Mongolia, Panama, Peru, Republic of Korea, and Viet Nam).

Contributions by state

Australia

Announced:

$187 M

Confirmed:

$187 M

Announced per capita:

$7.96

Emissions per capita:

17
Austria ^{Footnote 1}

Announced:

$34.8 M

Confirmed:

$34.8 M

Announced per capita:

$4.06

Emissions per capita:

8
Belgium

Announced:

$66.9 M

Confirmed:

$66.9 M

Announced per capita:

$5.95

Emissions per capita:

9
Bulgaria

Announced:

$0.13 M

Confirmed:

$0.13 M

Announced per capita:

$0.02

Emissions per capita:

7
Canada

Announced:

$277 M

Confirmed:

$277 M

Announced per capita:

$7.83

Emissions per capita:

14
Chile

Announced:

$0.30 M

Confirmed:

$0.30 M

Announced per capita:

$0.02

Emissions per capita:

5
Colombia ^{Footnote 2}

Announced:

$6.00 M

Confirmed:

$0.8 M

Announced per capita:

$0.13

Emissions per capita:

2
Cyprus

Announced:

$0.47 M

Confirmed:

$0.47 M

Announced per capita:

$0.40

Emissions per capita:

7
Czechia

Announced:

$5.32 M

Confirmed:

$5.32 M

Announced per capita:

$0.51

Emissions per capita:

10
Denmark

Announced:

$71.8 M

Confirmed:

$71.8 M

Announced per capita:

$12.73

Emissions per capita:

7
Estonia

Announced:

$1.34 M

Confirmed:

$1.34 M

Announced per capita:

$1.01

Emissions per capita:

14
Finland

Announced:

$107 M

Confirmed:

$107 M

Announced per capita:

$19.53

Emissions per capita:

10
France

Announced:

$1,035 M

Confirmed:

$1,035 M

Announced per capita:

$15.57

Emissions per capita:

5
Germany

Announced:

$1,003 M

Confirmed:

$1,003 M

Announced per capita:

$12.35

Emissions per capita:

9
Hungary

Announced:

$4.28 M

Confirmed:

$4.28 M

Announced per capita:

$0.43

Emissions per capita:

5
Iceland

Announced:

$1.00 M

Confirmed:

$1.00 M

Announced per capita:

$3.06

Emissions per capita:

6
Indonesia ^{Footnote 3}

Announced:

$0.25 M

Confirmed:

$0.25 M

Announced per capita:

< $0.01

Emissions per capita:

2
Ireland

Announced:

$10.7 M

Confirmed:

$10.7 M

Announced per capita:

$2.28

Emissions per capita:

8
Italy

Announced:

$334 M

Confirmed:

$334 M

Announced per capita:

$5.49

Emissions per capita:

7
Japan

Announced:

$1,500 M

Confirmed:

$1,500 M

Announced per capita:

$11.78

Emissions per capita:

9
Latvia

Announced:

$0.47 M

Confirmed:

$0.47 M

Announced per capita:

$0.23

Emissions per capita:

4
Liechtenstein

Announced:

< $0.1 M

Confirmed:

< $0.1 M

Announced per capita:

$1.48

Emissions per capita:

1
Lithuania

Announced:

$0.13 M

Confirmed:

$0.13 M

Announced per capita:

$0.05

Emissions per capita:

5
Luxembourg

Announced:

$46.8 M

Confirmed:

$46.8 M

Announced per capita:

$83.88

Emissions per capita:

21
Malta

Announced:

$0.59 M

Confirmed:

$0.59 M

Announced per capita:

$1.36

Emissions per capita:

6
Mexico

Announced:

$10.0 M

Confirmed:

$10.0 M

Announced per capita:

$0.08

Emissions per capita:

4
Monaco

Announced:

$2.34 M

Confirmed:

$2.34 M

Announced per capita:

$64.62

Emissions per capita:

-
Mongolia ^{Footnote 4}

Announced:

< $0.1 M

Confirmed:

< $0.1 M

Announced per capita:

$0.02

Emissions per capita:

7
Netherlands

Announced:

$134 M

Confirmed:

$134 M

Announced per capita:

$7.91

Emissions per capita:

10
New Zealand

Announced:

$2.56 M

Confirmed:

$2.56 M

Announced per capita:

$0.57

Emissions per capita:

7
Norway

Announced:

$272 M

Confirmed:

$272 M

Announced per capita:

$53.03

Emissions per capita:

9
Panama

Announced:

$1.00 M

Confirmed:

$1.00 M

Announced per capita:

$0.26

Emissions per capita:

3
Peru

Announced:

$6.00 M

Confirmed:

-

Announced per capita:

$0.20

Emissions per capita:

2
Poland

Announced:

$0.11 M

Confirmed:

$0.11 M

Announced per capita:

< $0.01

Emissions per capita:

8
Portugal

Announced:

$2.68 M

Confirmed:

$2.68 M

Announced per capita:

$0.26

Emissions per capita:

5
Republic of Korea ^{Footnote 3}

Announced:

$100 M

Confirmed:

$100 M

Announced per capita:

$1.97

Emissions per capita:

12
Romania

Announced:

< $0.1 M

Confirmed:

< $0.1 M

Announced per capita:

< $0.01

Emissions per capita:

4
Russian Federation

Announced:

$3.00 M

Confirmed:

$3.00 M

Announced per capita:

$0.02

Emissions per capita:

12
Slovakia

Announced:

$2.00 M

Confirmed:

$2.00 M

Announced per capita:

$0.37

Emissions per capita:

6
Spain ^{Footnote 5}

Announced:

$161 M

Confirmed:

$161 M

Announced per capita:

$3.44

Emissions per capita:

6
Sweden

Announced:

$581 M

Confirmed:

$581 M

Announced per capita:

$59.96

Emissions per capita:

6
Switzerland

Announced:

$100 M

Confirmed:

$100 M

Announced per capita:

$12.21

Emissions per capita:

5
United Kingdom ^{Footnote 6}

Announced:

$1,211 M

Confirmed:

$1,211 M

Announced per capita:

$18.89

Emissions per capita:

7
United States of America

Announced:

$2,000 M

Confirmed:

$2,000 M

Announced per capita:

$6.28

Emissions per capita:

14.7
Viet Nam

Announced:

$1.00 M

Confirmed:

$1.00 M

Announced per capita:

$0.01

Emissions per capita:

2

1
The original pledge from Austria was announced in USD 25 million but signed in EUR 26 million. The amount shown as signed is calculated in accordance with the reference exchange rates for United States dollars equivalent (USD eq.) established for the Pledging Conference in 2014 (GCF/BM-2015/Inf.01/Rev.01).
2
The Contribution Agreement was signed in USD equivalent to the pledged amount of COP 900 million.
3
Signed amount includes contributions made prior to GCF's High-Level Pledging Conference in 2014.
4
The Contribution Agreement was signed in USD equivalent to the pledged amount of MNT 90 million.
5
The total amount pledged is EUR 120 million, but EUR 78 million will be paid after the Initial Resource Mobilization period (2015-2018).
6
Out of the United Kingdom's announced pledge of GBP 720 million, GBP 144 million is signed as a grant and GBP 576 million is signed as a capital contribution, as defined in its agreement.

Note: United States dollars equivalent (USD eq.) based on the reference exchange rates established for the Pledging Conference in 2014 (GCF/BM-2015/Inf.01/Rev.01). Announced per capita and emission per capita figures are based on the latest available population and emissions data from the World Bank and other sources.

Regional governments

As of 31 July 2020, the Green Climate Fund has raised USD 35.4 million equivalent in pledges from 3 regional governments.

Contributions by regional government

Brussels Capital Region (Belgium)

Announced:

$4.82 M

Confirmed:

$4.82 M

Announced per capita:

$4.13

Emissions per capita:

9
Flanders (Belgium)

Announced:

$19.7 M

Confirmed:

$19.7 M

Announced per capita:

$3.07

Emissions per capita:

9
Wallonia (Belgium)

Announced:

$10.9 M

Confirmed:

$10.9 M

Announced per capita:

$3.03

Emissions per capita:

9

Cities

Cities can contribute to the Green Climate Fund. Based on the commitments made under the UN Framework Convention on Climate Change (UNFCCC), the Fund accepts pledges from city authorities that wish to make a significant contribution to the global response to climate change. Similar to sovereign entities, economically strong cities can make a financial contribution to GCF to help advance global mitigation and adaption efforts in less advanced urban environments.

The shift towards greater urbanisation is a major trend on the planet. Currently, around half of the human population live in cities. This figure is set to grow rapidly – so much so, that, by 2050, it is anticipated that close to 70% of the world’s population will be living in an urban environment. This demographic trend also has impacts on the planet’s climate. Cities are responsible for more than 70% of the world’s emissions. They consume more than 70% of the world’s natural resources and use some 70% of the world’s energy.

As of 31 July 2020, the Green Climate Fund has raised USD 1.3 million equivalent in pledges from 1 municipal government.

Contributions by city

Paris (France)

Announced:

$1.34 M

Confirmed:

$1.34 M

Announced per capita:

$0.6

Emissions per capita:

5