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Amounts in this report are updated as of 31 December 2014.New pledges from the January 2015 replenishment meeting will be included in the next update of this report (for Q1-2015).
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 2000-2014 direct and Gavi Matching Fund contributions are recorded in US dollars at the actual exchange rates for the day of cash received. All 2015-2034 direct and Gavi Matching Fund pledges are expressed in US dollars at 31 December 2014 exchange rates.
Non-US dollar direct, Matching Fund and AMC pledges for 2014 -2033 are expressed in US dollar equivalents using the exchange rates at 30 April 2014, except for those pledges for which contributions have already been received (these are expressed in US dollar equivalents using the exchange rates on the dates of receipt) and non-US dollar pledges that have been hedged to mitigate currency risk exposure (these are expressed in US dollar equivalents using the exchange rates stated in the hedge agreements).
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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 2000-2014 direct, Matching Fund, and AMC contributions are recorded in US dollars at the actual exchange rates for the day of cash received. All 2015-2034 direct, Matching Fund, and AMC pledges are expressed in US dollars at 31 December 2014 exchange rates.All 2000-2014 IFFIm contributions are recorded in US dollars at the actual exchange rates for the day of cash received. All 2015-2034 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.
Norway is one of Gavi’s original six donor countries and is one of two donors that contribute to the Vaccine Alliance through three funding channels (Direct, IFFIm and AMC).
For the period of 2001 through 2010 Norway contributed USD 520 million in direct contributions, USD 41 million to IFFIm, and USD 2 million to AMC. From 2011 to 2015, Norway has committed USD 635 million in direct funding, and USD 50 million to AMC. Norway committed USD 220 million for the period 2011-2020 to IFFIm.
Norway has committed USD 190 million (NOK 1.14 billion) to Gavi's polio work for the period 2014-2019. This will support the Vaccine Alliance’s effort to complement GPEI’s work, strengthening routine immunisation and introducing inactivated polio vaccine (IPV) in Gavi-supported countries.
Contributions and pledges in total:
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