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  • 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

    Gavi’s model strongly matches Ireland’s development aid priorities.

    IrishAid emphasises that the provision of development aid is not enough on its own and that governments and countries must take ownership of their development.

    Gavi’s focus on the world’s poorest and fragile countries is closely aligned with Ireland’s emphasis on the world’s poorest countries, Africa and fragile states.

    Health and the strengthening of health systems are an important Irish development priority making Gavi an obvious choice for investment. An additional priority is ensuring that all development is sustainable: "Achieving real and lasting results will be central to the way that we plan, make decisions, implement, monitor, evaluate and provide accountability for our actions and programmes."

    Ireland has strong commitment to multilateral aid (e.g. working to ensure that the UN system is more efficient and effective, playing part in ensuring that the EU continues to deliver aid that is effective and assists those most in need; greater engagement with African and regional institutions; continued support for global funds and programmes). Public engagement in Ireland’s aid programme is high.

    Ireland’s aid policy is committed to openness, transparency and accountability (e.g. delivering on international commitments on aid transparency, publishing results, meeting Human Rights obligations,continuing engagement with the OECD DAC).

    During Gavi’s 2015 replenishment conference in Berlin, Ireland pledged EUR 3 million for 2015 and EUR 15 million for 2016-2020, a 50% increase compared to yearly levels over the previous cycle.

    Contributions and pledges in total:

    • Direct funding (2002-2015): USD 45.2 million;
    • New pledge (2016-2020): EUR 15 million (USD 16.7 million) in direct funding.
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