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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 31 December 2013 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 31 December 2013 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.
Germany has been a donor to GAVI since 2006 and contributes to the Alliance through direct contributions. The German Federal Ministry for Economic Cooperation and Development (BMZ) made contributions totalling €16 million to GAVI between 2006 and 2010 through direct funding.
In late 2010, Germany increased its 2011 contribution to €6 million on an initiative from the German parliament. On 6 April 2011, Minister Niebel committed to spending an additional contribution of €14 million to GAVI for the budgetary year 2011 (as part of the Muskoka Initiative) bringing Germany’s 2011 contribution to €20 million.
Furthermore, Germany has indicated in May 2011 a commitment of €30 million for 2012. The year on year increases will be matched with catalytic funding from the Gates Foundation.
In late 2012, Germany committed a further €30 million for 2013.
On 25 April 2013, during the vaccine Summit in Abu Dhabi, Germany pledged an additional EUR 90 million for GAVI for 2013-2015, its first multi-year commitment to GAVI. Every year, the German Parliament will reconfirm Germany’s annual allocation to GAVI.
Contributions and pledges in total:
© GAVI Alliance 2014
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