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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 2000-2013 direct and Gavi Matching Fund contributions are recorded in US dollars at the actual exchange rates for the day of cash received. All 2014-2033 direct and Gavi Matching Fund pledges are expressed in US dollars at 30 April 2014 exchange rates.
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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 2000-2013 direct, Matching Fund, and AMC contributions are recorded in US dollars at the actual exchange rates for the day of cash received. All 2014-2033 direct, Matching Fund, and AMC pledges are expressed in US dollars at 30 April 2014 exchange rates.All 2000-2013 IFFIm contributions are recorded in US dollars at the actual exchange rates for the day of cash received. All 2014-2033 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.
The United States is one of the Vaccine Alliance’s original six donor countries and contributes to Gavi through direct contributions. Annual contributions have increased from USD 47 million in 2001 to USD 175 million in 2014.
At the Gavi pledging conference in June 2011, the United States pledged USD 450 million for the period 2012-2014, subject to congressional approval. In addition to the US Government’s June 2011 pledge for 2012-2014, the US contributed USD 90 million for 2011.
President Obama has requested an additional USD 200 million for Gavi in the FY 2015 budget request, an increase of USD 25 million from FY 2014. While this funding is subject to Congressional approval, if approved, the USD 200 million budget request would be the largest annual contribution to the Vaccine Alliance from the United States to date.
© Gavi 2014
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