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FACTBOX-Green Climate Fund pledges total $9.3 billion
November 20, 2014 / 4:12 PM / 3 years ago

FACTBOX-Green Climate Fund pledges total $9.3 billion

Nov 20 (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
                     dollars)
 United States                              3000
 Japan                                      1500
 Britain                                    1100
 Germany                                    1000
 France                                     1000
 Sweden                                      540
 Italy                                       310
 Norway                                      130
 The Netherlands                             125
 South Korea                                 100
 Finland                                     100
 Switzerland                                 100
 Denmark                                      70
 Spain                                        16
 Mexico                                       10
 Luxembourg                                  6.3
 Czech Republic                              5.5
 New Zealand                                 3.0
 Panama                                      1.0
 Monaco                                      0.3
 Indonesia                                  0.25
 Mongolia                                   0.05
 TOTAL                                      9117
 TOTAL GIVEN BY GCF                         9300
 (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)

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