US, UK, France, Germany joined by Mongolia, Monaco and Panama among others as fund tops $9 billion
Pic: 401(K) 2012/Flickr
Countries have pledged almost $10 billion dollars to tackling climate change.
The Green Climate Fund was topped up today at a meeting in Berlin.
Here’s what each country has promised so far. We’ve given the top line figure in dollars, with details of the original pledge in notes.
US
Pledge: $3 billion
Note: Not to exceed 30% of total pledged.
Japan
Pledge: $1.5 billion
Note: Subject to National Diet approval
UK
Pledge: $1.126 billion
France
Pledge: $1.035 billion
Note: €225 million as loans, €55 million as capital cushion
Germany
Pledge: $940 million
Note: €750 million (original currency pledge) as grant
Sweden
Pledge: $580 million
Note: 4 billion krone (original currency) as grant, subject to Parliamentary approval
Italy
Pledge: $313 million
Note: €250 million (original currency) as grants
Netherlands
Pledge: $134 million
Note: Grant over four years
Norway
Pledge: $130 million
Note: Grant; comes in addition to existing climate finance
South Korea
Pledge: $100 million
Note: Grant through to 2018
Switzerland
Pledge: $100 million
Note: In three installments 2015-17
Finland
Pledge: $100 million
Note: €80 million (original currency) grant, subject to Parliamentary approval
Denmark
Pledge: $71.6 million
Note: Grant
Spain
Pledge: $16.3 million
Note: €13 million cash grant, multiannual grant to follow
Mexico
Pledge: $10 million
Luxemboug
Pledge: $6.3 million
Note: €5 million (original currency)
Czech Republic
Pledge: $5.5 million
New Zealand
Pledge: $3 million
Panama
Pledge: $1 million
Monaco
Pledge: $312 thousand
Mongolia
Pledge: $50 thousand
Poland
Pledge: Will announce by the end of the year
@rtcc_edking We do consider a contribution. Was going to say that in Berlin so now officially on Twitter.
— Marcin Korolec (@MarcinKorolec) November 20, 2014
Canada
Pledge: $265m
Total
$9.43 billion
Pic: E3G
With thanks to Oscar Reyes, associate fellow at the Institute for Policy Studies