ABSTRACT. In this paper we first consider the Hamiltonian action of a compact connected Lie group on an H-twisted generalized complex manifold M. Given such an action, we define generalized equivariant cohomology and generalized equivariant Dolbeault cohomology. If the generalized complex manifold M satisfies the∂∂-lemma, we prove that they are both canonically isomorphic to (Sg * ) G ⊗ H H (M), where (Sg * ) G is the space of invariant polynomials over the Lie algebra g of G, and H H (M) is the H-twisted cohomology of M. Furthermore, we establish an equivariant version of the∂∂-lemma, namely∂ G ∂-lemma, which is a direct generalization of the d G δ-lemma [LS03] for Hamiltonian symplectic manifolds with the Hard Lefschetz property.Second we consider the torus action on a compact generalized Kähler manifold which preserves the generalized Kähler structure and which is equivariantly formal. We prove a generalization of a result of Carrell and Lieberman [CL73] in generalized Kähler geometry. We then use it to compute the generalized Hodge numbers for non-trivial examples of generalized Kähler structures on CP n and CP n blown up at a fixed point.