• The Bill & Melinda Gates Foundation

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  • The Bill & Melinda Gates Foundation

  • Proceeds to Gavi from donor contributions & pledges (2016-2020) as of 30 June 2017

     

     

    Note: Proceeds are funds made available to Gavi from donor contributions and commitments, either through cash payments made to Gavi, through frontloading via the capital markets of a future donor commitment to IFFIm, or through AMC funds released to Gavi via the World Bank. IFFIm proceeds are allocated over five year periods coinciding with Gavi’s strategic periods. Proceeds for the current and future strategic periods are indicative until the end of each period and could be revised following changes in market conditions (interest rates or foreign exchange rates), the signing of new pledge(s) and/or changes in IFFIm’s disbursement profile.

  • *Matching Fund (Bill & Melinda Gates Foundation): of the US$ 125m received or to be received, a total of US$ 55.9m is yet to be matched by other / private sector donor contributions, as at 30 June 2017.

  • Contributions and pledges over time (US$ millions)

     

    Click on Direct, IFFIm, AMC or Matching Fund in the above key to toggle their data on the graph, click again to show the data
     

    Notes:
    Direct Contributions (including Matching Fund)
    Received contributions: non-US$ contributions for 2000-2016 and Q1-Q2 2017are expressed in US$ equivalents using the exchange rates on the dates of receipt.  For 2014, 2015, 2016 and Q1-Q2 2017, where contributions were hedged to mitigate currency risk exposure, these have been expressed using the rates applicable to the hedge agreement.

    Future contributions: non-US$ Direct Contribution and Matching Fund pledges for Q3-Q4 2017 and years 2018 and beyond are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 30 June 2017 or using the rates applicable to any hedge agreement in place.

    IFFIm contributions
    Received contributions: non-US$ contributions for 2000-2016 are expressed in US$ equivalents as confirmed by the IBRD (World Bank).

    Future contributions: non-US$ contributions are expressed in US$ equivalents as follows:

    • Where the contribution agreement has been signed: contributions are expressed in US$ equivalents using the exchange rates at the time of signing the respective donor grant agreements
    • Where the contribution agreement has not yet been signed: non-US$ pledges for years 2017 and beyond are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 30 June 2017
    • 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.

     

  • Funding history

    As a founding partner of Gavi, the Vaccine Alliance, the Gates Foundation has brought international attention to the cause of immunisation and has made several commitments to Gavi, totalling USD 4.1 billion to-date. In 2000, the foundation made an initial USD 750 million commitment to the Vaccine Fund, which was catalytic in bringing other donors to support vaccine delivery and creating Gavi, the Vaccine Alliance.

    In February 2007, the foundation committed USD 50 million to launch the first AMC to speed the development and availability of pneumococcal vaccines.

    In June 2011, the Gates Foundation committed an additional USD 1 billion to Gavi over the period 2011-2015; of this commitment, USD 50 million was reserved for the Gavi Matching Fund.

    An additional, USD 250 million of challenge grant moneys were pledged to match additional funds raised by other donors in the future, moneys released as these commitments were made.

    In June 2014 the Gates Foundation committed an additional USD 241 million to Gavi towards its complementary role on polio eradication including support for IPV over the period 2015-2018. This will complement GPEI’s work, strengthening routine immunisation and introduce inactivated polio vaccine (IPV) in Gavi-supported countries.

    At the Berlin Pledging Conference 2015, the Bill & Melinda Gates Foundation announced USD 1.55 billion for Gavi’s next 2016-2020 strategic period.

    Contributions and pledges in total:

    • Direct funding (2000-2015): USD 2.45 billion;
    • AMC (2009-2013): USD 50 million;
    • Matching Fund (2011-2015): USD 50 million;
    • IPV (2015-2018): USD 241 million;
    • New pledge (2016-2020) USD 1.55 billion: USD 1.475 billion in direct funding, USD 75 million in Matching Fund.
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