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

• 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, the financial report of the Green Climate Fund (GCF) Trust Fund is provided in this document. The report, which encompasses financial information as of 31 December 2016, was prepared by the World Bank in its capacity as the Interim Trustee of the GCF.