REUTERS - Following are details of national pledges totalling $9.3 billion to the U.N.’s Green Climate Fund (GCF), meant to help developing nations cope with global warming, following a donors’ meeting in Berlin on Thursday.
The United Nations has set an informal target of raising $10 billion for the fund this year, in an initial capitalisation lasting four years.
The GCF is meant to help developing nations curb their greenhouse gas emissions and adapt to a changing climate. The fund is part of a broader U.N. deal, due to be agreed in Paris in late 2015, to limit rising temperatures.
The GCF gave a total of $9.3 billion but did not give a full breakdown, and assumptions about long-term exchange rates affect the numbers.
Germany, for instance, has said its pledge is “750 million euros, or about $1 billion” but at current exchange rates 750 million euros is $940 million.
Following is an overview of known pledges to the GCF:
Country Pledges (millions of
United States 3000
The Netherlands 125
South Korea 100
Czech Republic 5.5
New Zealand 3.0
(Sources: Official GCF website, news.gcfund.org/pledges/, Oxfam, national pledges)
Reporting by Alister Doyle in Oslo, Barbara Lewis in Brussels, Madeline Chambers in Berlin; Editing by Gareth Jones