• The Children’s Investment Fund Foundation (UK)

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  • The Children's Investment Fund Foundation

  • Proceeds to Gavi from donor contributions & pledges (2016-2020) as of 31 December 2016

     

     

    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. Future IFFIm proceeds from new pledges made at the Berlin pledging conference are indicative and are based on certain assumptions including future interest rates and foreign exchange rates generated from financial market data, and donor payment schedules. These assumptions may differ from conditions prevailing at the time of grant and legal agreement signing, which may result in different projected and realised IFFIm proceeds.

  • 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 are expressed in US$ equivalents using the exchange rates on the dates of receipt. For 2014, 2015 and 2016, 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 years 2017 and beyond are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 31 December 2016 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 31 December 2016
    • 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

    The Children’s Investment Fund Foundation (CIFF) is a UK-based foundation which aims to demonstrably improve the lives of children living in poverty in developing countries by achieving large-scale sustainable impact. CIFF believes that every child deserves to survive, thrive and mature into adulthood in a supportive and safe environment.

    In 2012, CIFF pledged USD 6.5 million through Gavi’s matching fund, which was matched by the UK government, bringing the sum to USD 13 million.

    In June 2014, CIFF pledged an additional USD 25 million through Gavi’s Matching Fund, which was matched by the UK government, bringing the total pledged sum to USD 50 million. The 2014 commitment from CIFF will support HPV vaccination and protect women living in developing countries against cervical cancer. In September 2014, CIFF contributed an additional USD 300 thousand through Gavi’s Matching Fund which was matched by the UK government. The 2014 commitment from CIFF will support the design and implementation of an evaluation of the impact and cost-effectiveness of the newly developed mVaccination application that seeks to improve vaccination coverage rates using a large-scale randomized evaluation in Napula Province, Mozambique.

    Contributions and pledges in total:

    • Matching Fund (2012-2014): USD 31.8 million;
    • Matched by the UK: USD 31.8 million.
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