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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

    Sweden is one of the original six donors to Gavi and since inception showed its commitment to Gavi by steadily increasing its political and financial support over the years. Sweden is an active member of the Alliance and regularly provides input on key policy issues for Gavi. Sweden is represented on the Gavi Board in the Board Constituency also comprising Norway and The Netherlands.

    Sweden contributes to the Vaccine Alliance both through direct funding and IFFIm. Since 2001, Sweden has contributed USD 377.4 million in direct contributions and committed SEK 271.1 million (USD 35.6 million) to IFFIm.

    At the pledging conference in London in 2011, Sweden committed a minimum of SEK 250 million per year over the period 2011-2015, an amount that was rapidly and substantially increased over the period. In Berlin 2015, the Minister for International Development Cooperation announced an increase in Sweden’s contribution to the Vaccine Alliance to a minimum of SEK 300 million per year for the period 2016-2020.

    Contributions and pledges in total:

    • Direct funding (2001-2015): USD 377.4 million;
    • IFFIm: USD 35.6 million (SEK 271.1 million over 15 years, 2007-2021);
    • New pledge (2016-2020): SEK 1.5 billion (USD 184.9 million) in direct funding.
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