• United Kingdom

in page functions
  • UK flag

  • Proceeds to Gavi from donor contributions & pledges (2016-2020) as of 30 June 2017

     

     

    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. IFFIm proceeds are allocated over five year periods coinciding with Gavi’s strategic periods. Proceeds for the current and future strategic periods are indicative until the end of each period and could be revised following changes in market conditions (interest rates or foreign exchange rates), the signing of new pledge(s) and/or changes in IFFIm’s disbursement profile.

  • *Matching Fund (UK): of the GBP 38.1m (equiv. US$ 61m) received, all funding has been matched by other / private sector donor contributions.

  • 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 and Q1-Q2 2017are expressed in US$ equivalents using the exchange rates on the dates of receipt.  For 2014, 2015, 2016 and Q1-Q2 2017, 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 Q3-Q4 2017 and years 2018 and beyond are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 30 June 2017 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 30 June 2017
    • 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 UK is a longstanding supporter and funder of international development and in March 2015 passed parliamentary legislation committing the government to spend 0.7% of GNI on international development. The November 2015 UK Aid spending review strategy ‘tackling global challenges in the national interest’ set out DFID and other ministries’ priorities as follows: strengthening global peace, security and governance; strengthening resilience and response to crises; promoting global prosperity; tackling extreme poverty and helping the world’s most vulnerable. The UK ensures value for money for taxpayers of all its investments and therefore DFID conducts Multilateral Aid Reviews (MAR), which assesses the 43 multilateral agencies that DFID funds. The 2013 MAR concluded that GAVI was one of the top performers.

    The UK is one of Gavi’s six original donors and one of two donor countries that support Gavi through all three funding channels (direct grants, IFFIm and AMC).

    For the 2007-2029 period, the UK pledged USD 2.85 billion to IFFIm and in 2000-2010 contributed USD 137 million in direct contributions. In 2010, The UK committed USD 485 million to the pneumococcal AMC as well as making a new pledge for GBP 150 million in direct funding over 10 years.

    In 2011, Prime Minister David Cameron hosted Gavi’s replenishment conference in London. The UK pledged an additional GBP 814 million of which GBP 50 million was allocated to support the Gavi Matching Fund for Immunisation to incentivise private sector engagement.

    In 2014, the UK committed GBP 30 million to help Gavi support the Polio Eradication and Endgame Strategy and Plan 2013-2018.

    Most recently in January 2015, at the Gavi pledging conference in Berlin, the UK committed an additional GBP 1 billion to Gavi – GBP 200 million a year from 2016-2020.

    Contributions and pledges in total:

    • Direct funding (2000-2015): USD 1.62 billion of which USD 61 million (GBP 50 million) is allocated to the Matching Fund (2011-2015);
    • IFFIm (2007-2029): USD 2.76 billion (GBP 1.38 billion over 20 years and GBP 250 million over 20 years);
    • AMC (2010-2018): USD 485 million;
    • IPV (2013-2018): USD 40 million;
    • New pledge (2016-2020): GBP 1 billion (USD 1.37 billion).
close icon

modal window here