Ireland has been a Gavi donor since 2002 and 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. Health and the strengthening of health systems are also an important Irish development priority, making Gavi a clear choice for investment.

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.

During the Global Vaccine Summitin June 2020, Ireland renewed its commitment by pledging EUR 18 million to the 2021-2025 strategic period, representing a 20% increase from 2016-2020.

Contributions and pledges in total:

  • Direct funding
    • (2002-2015): EUR 34.5 million (USD 45.2 million)
    • (2016-2020): EUR 15 million (USD 17 million)
    • (2021-2025): EUR 18 million (USD 21.1 million)

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

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 2000-2019 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

IFFIm contributions

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.


All donors

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