Total contributions and pledges

9million USD
Matching Fund (2016-2020)

Audacious Alliance is helping

Gavi has teamed up with the Audacious Project to support Living Goods and Last Mile Health to scale up immunisation in Kenya, Uganda and Liberia through digitally empowered community health programmes. The Audacious Project is a ground-breaking coalition of funders that includes the Skoll Foundation, Virgin Unite, The ELMA Foundation, The Children’s Investment Fund Foundation, and others. The Audacious Project is housed at TED, where it was launched in April 2018.

The new partnership will boost the number of community health workers and integrate immunisation information and data-capture into their daily routines. The new funding will help give over 8 million people access to vaccines, while the partnership as a whole aims to deploy 50,000 community health workers to serve 34 million people by 2021. The partnership will help transform how community health workers learn through the Community Health Academy, launched by Last Mile Health with the 2017 TED Prize.

Gavi has committed US$ 9 million to the partnership through the BMGF Matching fund, US$ 5.5 million of which will go to Living Goods and US$ 3.5 million to Last Mile Health, which will then be matched by funders from The Audacious Project, to total US$ 18 million.

PROCEEDS TO GAVI FROM DONOR CONTRIBUTIONS & PLEDGES (2016-2020) AS OF 30 September 2019

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.

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 2000-2018 and Q1-Q3 2019 are expressed in US$ equivalents using the exchange rates on the dates of receipt.  For 2014-2018 and Q1-Q3 2019, 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 Q4 2019 and years 2020 and beyond are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 30 September 2019 or using the rates applicable to any hedge agreement in place.

IFFIm contributions
Received contributions: non-US$ contributions for 2000-2018 and Q1-Q3 2019 are expressed in US$ equivalents as confirmed by the IBRD (World Bank)

Future contributions: non-US$ contributions for Q4 2019 and years 2020 and beyond 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:  contributions are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 30 September 2019

While IFFIm grants are irrevocable and legally binding, they are subject to a Grant Payment Condition that can potentially reduce the amount due in the event that a programme country is in protracted arrears with the International Monetary Fund. As of 30 September 2019, IFFIm donor grant payments are reduced by 1.5%, however such reductions are not reflected in future contributions figures.

Gavi has committed US$ 9 million to the partnership through the BMGF Matching fund, US$ 5.5 million of which will go to Living Goods and US$ 3.5 million to Last Mile Health, which will then be matched by funders from The Audacious Project, to total US$ 18 million.

Contributions and pledges in total1:

  • Matching Fund (2016-2020): USD 9 million (doubled by the Bill and Melinda Gates Foundation)

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