Germany is a visible actor in global health and a recognised anchor donor of the Vaccine Alliance. Under Chancellor Angela Merkel, Germany made global health a priority during both its G7 and G20 presidencies in 2015 and 2017 respectively. In 2018, Germany partnered with Ghana and Norway to establish the ‘Global Action Plan for Healthy Lives and Well-Being for All,’ bringing together Gavi and 11 other multilateral agencies to accelerate progress towards the health-related Sustainable Development Goals (SDGs). In October 2020, Germany also launched a new government-wide global health strategy for 2020-2030, titled ’Responsibility – Innovation – Partnership: Shaping Global Health Together,’ to serve as the basis for Germany’s engagement in global health.
As a Gavi donor since 2006, Germany contributes to Gavi through direct contributions via both the Federal Ministry for Economic Cooperation and Development (BMZ) and the KfW Development Bank. The 2013 Vaccine Summit in Abu Dhabi marked Germany’s first multi-year commitment to Gavi by a pledge of EUR 90 million over 2013-2015. As patron of Gavi’s replenishment conference in Berlin in January 2015, Chancellor Merkel pledged EUR 600 million for Gavi over the 2016–2020 strategic period – an impressive milestone in Germany’s history of support for the Vaccine Alliance.
In January 2020, as Gavi met in Davos to celebrate its 20th anniversary, Chancellor Merkel was the first world leader to pledge for Gavi’s next strategic period, announcing Germany’s commitment of another EUR 600 million for 2021-2025. In September 2020, Germany also confirmed a commitment of EUR 100 million towards the Gavi COVAX Advance Market Commitment (COVAX AMC).
Contributions and pledges in total:
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.
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Direct Contributions (including Matching Fund)
Received contributions: non-US$ contributions for 2000-2019 and Q1-Q3 2020 are expressed in US$ equivalents using the exchange rates on the dates of receipt. For 2014-2019 and Q1-Q3 2020 where contributions were hedged to mitigate currency risk exposure, these have been expressed using the rates applicable to the hedge agreement.
Future contributions (for pledges made prior to the 4 June 2020 replenishment conference): non-US$ Direct Contribution and Matching Fund pledges for Q4-2020.
Future contributions (for pledges at the 4 June 2020 replenishment conference): non-US$ Direct Contribution and Matching Fund pledges for Q4-2020 and years
Future contributions: non-US$ contributions for Q4-2020 and for years 2021 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 spot rates from Bloomberg as at 30 September 2020
Due to IFFIm’s nature as a frontloading vehicle, yearly contributions paid into IFFIm can differ significantly from yearly proceeds transferred to Gavi.
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 2020, IFFIm donor grant payments are reduced by 0.5%, however such reductions are not reflected in future contributions figures.