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Updated November 19, 2018
Green Climate Fund: Resource Mobilization, Recent Projects
Resource Mobilization
Country
Pledged
Pledged per Contributed
Table 1 summarizes the status of pledges and
Capita
disbursements for the Green Climate Fund’s (GCF) Initial
Resource Mobilization (IRM) as of May 8, 2018. GCF’s
France (Paris)
1.30
0.10
1.3
IRM period lasts from 2015 to 2018, and the fund accepts
new pledges on an ongoing basis.
Germany
1,003.30
12.13
1,003.30
Hungary
4.30
0.40
4.30
Table 1. Status of GFC Pledges
(In millions of U.S. $ equivalent)
Iceland
0.70
0.50
0.70
Indonesia
0.30
0.00
0.20
Country
Pledged
Pledged per Contributed
Capita
Ireland
5.40
0.59
5.40
Australia
187.20
7.92
154.96
Italy
267.50
5.47
200.63
Austria
34.80
4.09
34.80
Japan
1,500.00
11.81
1500.00
Belgium
66.90
6.22
66.90
Latvia
0.50
0.23
0.50
Belgium
Liechtenstein
0.10
1.50
0.10
4.80
1.30
4.80
(Brussels)
Lithuania
0.10
0.04
0.10
Belgium
13.00
0.70
13.00
Luxembourg
33.40
93.60
33.40
(Flanders)
Malta
0.30
0.25
0.45
Belgium
1.50
3.00
1.50
(Wallonia 1)
Mexico
10.00
0.08
10.00
Belgium
Monaco
1.30
8.80
1.30
9.40
3.00
9.40
(Wallonia 2)
Netherlands
133.80
7.96
61.95
Bulgaria
0.10
0.02
0.10
New Zealand
2.60
0.56
2.60
Canada
155.10
155.10
Norway
270.80
50.56
207.77
(Grant)
Panama
1.00
0.26
1.00
Canada
101.60
7.80 (avg.)
-
(Loan)
Poland
0.10
0.00
0.10
Canada
Portugal
2.70
0.30
2.70
20.30
-
(Cushion)
Republic of
100.00
2.02
47.20
Chile
0.30
0.02
0.30
Korea
Colombia
0.30
0.12
0.30
Romania
0.10
0.00
0.10
Cyprus
0.50
0.40
- Spain
160.50
3.40
22.74
Czech
Sweden
581.20
60.54
581.20
5.30
0.50
5.30
Republic
Switzerland
100.00
12.20
100.00
Denmark
71.80
12.82
71.80
United
1,211.00
19.07
934.15
Estonia
1.30
1.00
1.30
Kingdom
Finland
107.00
19.82
46.41
United States
3,000.00
9.30
1,000.00
France
Total
10,209.00
7,244.89
577.90
497.64
(Grant)
Source: See Figure 1.
France (Loan)
381.30
16.03 (avg.)
381.30 Notes: See Figure 1. “Contributed” are amounts deposited at the
World Bank as trustee to the GCF (termed “disbursed” in GCF
France
76.30
76.30 literature). “Cushions” are capital pledged to match the risk profile of
(Cushion)
the GCF’s concessional loan portfolio.
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Green Climate Fund: Resource Mobilization, Recent Projects
Figure 1 shows the announced pledges per capita of the top
Table 2. List of New Projects Approved at B.21
20 per capita donor countries.
(Project number, project title, agency, GCF funding)
Figure 1. Top Pledges for GCF’s Initial Resource
83
Indonesia Geothermal Resource Risk Mitigation
Mobilization, per Capita
Project; World Bank; $100 million
(in U.S. $ equivalent)
84
Enhancing climate resilience of India’s coastal
communities; UNDP; $43.4 million
85
Green BRT Karachi in Pakistan; ADB; $49 million
86
Green Cities Facility in Albania (and others); EBRD;
$101.4 million
87
Building livelihood resilience to climate change in the
upper basins of Guatemala’s highlands; IUCN; $22
million
89
Upscaling climate resilience measures in the dry
corridor agroecosystems of El Salvador; FAO; $35.8
million
90
Tonga Renewable Energy Project under the Pacific
Islands Renewable Energy Investment Program; ADB;
$29.9 million
91
South Tarawa Water Supply Project in Kiribati; ADB;
$28.6 million
92
Program for integrated development and adaptation
to climate change in the Niger Basin; AfDB; $67.8
million
93
Yeleen rural electrification project in Burkina Faso;
AfDB; $28.3 million
94
Ensuring climate resilient water supplies in the
Comoros Islands; UNDP; $41.9 million
95
Transforming financial systems for climate in Benin
(and others); AFD; $279.7 million
96
DRC green mini-grid program in Democratic
Republic of Congo; AfDB; $21 million
97
Productive investment initiative for adaptation to
climate change in Costa Rica (and others); CABEI;
$15.5 million
98
DBSA Climate finance facility in Eswatini (and others);
DBSA; $55.6 million
99
Climate Investor One in Burundi (and others); FMO;
$100 million
Source: Green Climate Fund, “Status of Pledges for GCF’s Initial
SAP2 Climate services in the Kyrgyz Republic; WFP; $8.6
Resource Mobilization,” May 8, 2018.
million
Notes: United States dollars equivalent (U.S. $ eq.) based on the
reference exchange rates established for GCF’s High-Level Pledging
SAP3 Enhancing climate resilience of the water sector in
Conference (GCF/BM-2015/Inf.01).
Bahrain; UNEP; $2.16 million
Recently Approved GCF Projects
SAP4 Energy efficient consumption loan program in
Mongolia; XacBank; $10 million
The GCF concluded its most recent board meeting on
October 21, 2018 (B.21) by approving 19 new projects
Source: Green Climate Fund, “Press Release: Green Climate Fund
valued U.S. $1.038 billion (See Table 2). Taking these
invests USD 1 billion,” October 21, 2018.
projects into account, the fund’s portfolio now consists of
Notes: For a complete list of board-approved projects with full
93 projects amounting to U.S. $4.605 billion in GCF
documentation and a list of accredited agencies, see the GCF website
funding. Further, at the close of B.21, the Board approved
at http://www.greenclimate.fund/what-we-do/projects-programmes.
the accreditation applications of 16 new agencies and
launched the process for the GCF’s first formal
Richard K. Lattanzio, Specialist in Environmental Policy
replenishment.
IF10762
https://crsreports.congress.gov
Green Climate Fund: Resource Mobilization, Recent Projects
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