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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.
*Matching Fund (The Netherlands: of the EUR 10m received or to be received, a total of EUR 2.6 m (US$ 3 m) is yet to be matched by other / private sector donor contributions, as at 31 December 2016.
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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 contributionsReceived 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:
The Netherlands is one of the original six donors to Gavi and has steadily increased its strong and long-term political and financial support to Gavi. The Netherlands has taken an active role in Gavi and hosted the first meeting of Gavi’s first replenishment cycle in The Hague in March 2010. The Netherlands is represented on the Gavi Board in the Board Constituency also comprising Norway and Sweden, and currently holds the Board Alternate seat for the constituency.
Contributions to the Vaccine Alliance are channelled through direct contributions and IFFIm, as well as the Matching Fund. Since 2001, The Netherlands has contributed USD 365 million to Gavi in direct contribution. The Netherlands joined IFFIm in 2009, demonstrating its interest in innovative financing for development with a EUR 80 million commitment (2009-2016). The Dutch Postcode Lottery has also provided funding to Gavi.
At the pledging conference in London in 2011, The Netherlands committed EUR 120 million (USD 149 million) through a long-term grant agreement for the period 2011-2015. In Berlin 2015, the Minister for Foreign Trade and Development Cooperation announced a 25% increase in the Dutch contribution to the Vaccine Alliance totalling EUR 249.5 million for the period 2016-2020, which includes increased direct contributions, an IFFIm extension and a new contribution of EUR 10 million to the Gavi Matching Fund.
Contributions and pledges in total:
Gavi Pledging Conference - Berlin, 26-27 January 2015
Netherlands pledge announcement
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