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Note: Proceeds are the funds made available to GAVI for the period from donor contributions and commitments, either through cash payments made to GAVI, through the frontloading via the capital markets of a donor future commitment to IFFIm, or AMC funds released to GAVI via the World Bank. Proceeds are subject to change from factors including new pledges announcements, GAVI's cash flow needs from IFFIm and the impact of foreign currency changes. Figures do not include IFFIm agreements that have yet to be formally signed.
All 2000-2013 direct and GAVI Matching Fund contributions are recorded in US dollars at the actual exchange rates for the day of cash received. All 2014-2033 direct and GAVI Matching Fund pledges are expressed in US dollars at 30 April 2014 exchange rates.
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Contributions comprise direct contributions already received by GAVI from donors, contributions made to IFFIm and the AMC donor contributions to the World Bank. All 2000-2013 direct, Matching Fund, and AMC contributions are recorded in US dollars at the actual exchange rates for the day of cash received. All 2014-2033 direct, Matching Fund, and AMC pledges are expressed in US dollars at 30 April 2014 exchange rates.All 2000-2013 IFFIm contributions are recorded in US dollars at the actual exchange rates for the day of cash received. All 2014-2033 IFFIm pledges by donors in US dollars and US dollar equivalent amounts of national currency pledges calculated using prevailing exchange rate at the time of signing of the grant agreement. These contributions are hedged at the time the grant agreement is signed. These contributions have not been reduced by a notional 3% provision to allow for any potential reduction arising from the High Level Financing Condition of the IFFIm Finance Framework Agreement.
The European Union (EU) has been a donor to GAVI since 2003 and contributes to GAVI through direct contributions: the European Union has contributed USD 58 million between 2003 and 2010, which comes in part from the Development Co-operation Instrument (DCI) and in part from the intra-ACP envelope of the European Development Fund (EDF).
In 2008, the commission pledged EUR 10 million to GAVI from the DCI.
In October 2010, the EU pledged EUR 20 million to GAVI from the EDF. At GAVI’s pledging conference in June 2011, the EU committed an additional EUR 10 million to GAVI from the DCI. The contributions from the EU benefit the ACP countries and are in the form of reimbursable grants, with one-year lag for the payment, that cover activities over more than one year.
In May 2014, the EU opened the GAVI Alliance Replenishment launch event in Brussels with a pledge to increase its contribution to the Alliance to €175 million for 2014-20. This marks a substantial increase from the €39 million contributed in the previous period.
Contributions and pledges in total:
© GAVI Alliance 2014
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