Ireland, a Gavi donor since 2002, has a strong commitment to the organisation and its mission. Gavi’s focus on the world’s poorest and most fragile countries is closely aligned with Ireland’s vision of a more equal and sustainable world that leaves no one behind. Equality in Health and the strengthening of health systems are also an important Irish development priority, making Gavi a clear choice for investment.

Ireland has been on a constant growth trajectory in its contributions to Gavi, The Vaccine Alliance:

Ireland contributed to Gavi through direct contributions. During Gavi’s 2015 replenishment conference in Berlin, Ireland pledged EUR 3 million for 2015 and EUR 15 million for the 2016=2020 strategic period, a 50% increase compared to yearly levels over the previous cycle. The Global Vaccine Summit in June 2020 saw Ireland renew its commitment by pledging EUR 18 million to Gavi for its 2021-2025 strategic period, representing a 20% increase from 2016-2020. On 19 February 2021, Ireland pledged EUR 4 million for 2021 for the COVAX AMC.

PROCEEDS TO GAVI FROM DONOR CONTRIBUTIONS & PLEDGES (2021-2025) AS OF 31 March 2021

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 2000-2020 and Q1 2021 are expressed in US$ equivalents using the exchange rates on the dates of receipt.  For 2014-2020 and Q1 2021 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 June 2020 donor pledging conference): non-US$ Direct Contribution and Matching Fund pledges for Q2-Q4 2021 and years 2021 and beyond are expressed in US$ equivalents using the applicable forecast rates from Bloomberg as at 31 March 2021 or using the rates applicable to any hedge agreement in place.

Future contributions (for pledges at the June 2020 donor pledging conference): non-US$ Direct Contribution and Matching Fund pledges for Q2-Q4 2021 and for years 2021 and beyond are expressed in US$ equivalents using the spot rates from Bloomberg as at 31 March 2021 or using the rates applicable to any hedge agreement in place.

IFFIm contributions

Received contributions: non-US$ contributions for 2000-2020 and for Q1 2021 are expressed in US$ equivalents as confirmed by the IBRD (World Bank)

'Future contributions: non-US$ contributions for Q2-Q4 2021 and for years 2021 and beyond are expressed in US$ equivalents as follows:

  • For signed contribution agreements:  contributions are expressed in US$ equivalents using the exchange rates at the time of signing the respective donor grant agreements.

  • For contribution agreements not yet signed:  contributions are expressed in US$ equivalents using the applicable spot rates from Bloomberg as at 31 March 2021.

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 by the donor in the event that a Gavi-supported programme country is in protracted arrears with the International Monetary Fund. IFFIm donor grant payments made during Q1 2021 were accordingly reduced by 0.5%, reflecting the number of these countries in arrears during that time.  However, as the number of these countries in protracted arrears with the IMF can evolve, Gavi is not taking any assumption on future grant reduction value and reports future grants payable in full as indicated in the respective grant agreements.


All donors

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