Qatar has been a long-standing partner in international development efforts and in 2009 established a Department for International Development within the Ministry of Foreign Affairs. Qatar also established the Qatar Development Fund (QDF) in 2012 within the Ministry of Foreign Affairs for international development programmes and support.
In January 2015, Qatar announced a pledge of US$ 10 million for Gavi’s 2016–2020 programme. At the Global Vaccine Summit in June 2020, Qatar pledged US$ 20 million to Gavi, doubling its contribution: US$ 10 million will support the Gavi core programme for 2021–2025 and US$ 10 million finances the Gavi COVAX AMC as a new AMC donor. Since 2013, Qatar is also supporting the Global Polio Eradication Initiative (GPEI) with a contribution of US$ 30 million for vaccination in Syria and among Syrian refugees.
The magnitude of aid offered by Qatar is a clear reflection of the vision of the Qatari leadership to reduce the suffering of victims and achieve and support global partnerships for the achievement of global health objectives in countries around the world.
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 Advance Market Commitment (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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Notes:
Direct Contributions (including Matching Fund)
Received contributions: non-US$ contributions for 2000–2023 and Q1-Q2 2024 are expressed in US$ equivalents using the exchange rates on the dates of receipt. For 2014–2023 and Q1-Q2 2024, 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 Gavi Matching Fund pledges for Q3-Q4 2024 and for years 2025 and beyond are expressed in US$ equivalents using the applicable “forecast rates” from Bloomberg as of 30 June 2024 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 Gavi Matching Fund pledges for Q3-Q4 2024 and for years 2025 and beyond are expressed in US$ equivalents using the “spot rates” from Refinitiv as at 30 June 2024 or using the rates applicable to any hedge agreement in place.
IFFIm contributions
Received contributions: non-US$ contributions for 2000–2023 and for Q1-Q2 2024 are expressed in US$ equivalents as confirmed by the World Bank Group’s International Bank for Reconstruction and Development (IBRD).
Future contributions: non-US$ contributions for Q3-Q4 2024 and for years 2025 and beyond are expressed in US$ equivalents as follows:
General notes regarding IFFIm contributions:
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 donor’s amount due, in the event that a Gavi-supported programme country is in protracted arrears with the International Monetary Fund (IMF). Since 29 June 2021, no reduction applies, as all countries from the reference portfolio have cleared their arrears with the IMF.