This document provides an update for the Board on the Initial Resource Mobilization process and:

• The status of signing for 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.

Also, this document proposes decision for consideration by the Board on the following items:

• Endorsement of contributions pledged within the Initial Resource Mobilization (IRM) period to be paid up to and including 2020; and
• Endorsement of certain conditions requested by Spain in its contribution agreement.