This Funko POP! The Walking Carl Grimes with Bloody Poncho is a 3.75" figure from the Funko POP! Walking Dead collection. Carl wears the poncho and his father's hat.
The figure shows Carl as he appeared in season 6 when the group drench their clothes in blood and walk, hand-in-hand, through the Walkers. During this scene Carl is hit by a ricocheting bullet and loses his eye.