This document provides an update for the Board on the initial resource mobilization process, including the status of signing contribution agreements/arrangements; the current commitment authority highlighting the current cash and promissory notes available; and the forecast of available resources for commitment and disbursement. The financial report of the GCF Trust Fund is also provided in this document. The report, which encompasses financial information as at 31 December 2018, was prepared by the World Bank in its capacity as the Interim Trustee of the GCF.