The UK is a longstanding supporter and funder of international development and in March 2015 passed parliamentary legislation committing the government to spend 0.7% of GNI on international development. The current government’s manifesto reconfirms the commitment to international development as well as to ending preventable deaths of mothers, newborns and children by 2030. The UK ensures value for money for taxpayers of all its investments and therefore FCDO (Foreign, Commonwealth and Development Office) conducts occasional Multilateral Development Reviews (MDR), which assesses the major multilateral agencies that the UK funds. The 2016 MDR concluded that GAVI was one of the top performers. In addition, FCDO conducts annual reviews of the UK investments in Gavi, AMC and IFFIm.

The UK is one of Gavi’s six original donors and one of two donor countries that support Gavi through all three funding channels (direct grants, IFFIm and AMC).

Direct contributions and Matching Fund:

  • In 2000–2010, the UK contributed USD 137 million in direct contributions.
  • In 2010, the UK made a new pledge for GBP 150 million in direct funding over 10 years.
  • In 2011, Prime Minister David Cameron hosted Gavi’s first replenishment conference in London. The UK pledged GBP 814 million for 2011-2015 of which GBP 50 million was allocated to support the Gavi Matching Fund for Immunisation to incentivise private sector engagement.
  • In January 2015, at the Gavi second pledging conference in Berlin, the UK committed an additional GBP 1 billion to Gavi (GBP 200 million a year from 2016–2020).

IFFIm, AMC and IPV:

  • For the 2007–2029 period, the UK has pledged USD 2.7 billion to IFFIm.
  • In 2010, the UK committed USD 485 million to the pneumococcal AMC up to 2020.
  • In 2014, the UK committed GBP 30 million to help Gavi support the Polio Eradication and Endgame Strategy and Plan 2013–2018.

Contributions and pledges in total:

  • Direct funding:
    • (2000–2015): GBP 965 million (USD 1.62 billion)
    • (2016–2020): GBP 1 billion (USD 1.38 billion)
  • Matching Fund (2011–2015): GBP 50 million (USD 61 million) 
  • IFFIm (2007–2029): GBP 1.86 billion (USD 2.6 billion)
  • AMC (2010–2018): USD 485 million
  • IPV (2013–2018): USD 40 million

PROCEEDS TO GAVI FROM DONOR CONTRIBUTIONS & PLEDGES (2016-2020) AS OF 31 December 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 2000-2019 are expressed in US$ equivalents using the exchange rates on the dates of receipt. For 2014-2019, 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 years 2020 and beyond are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 31 December 2019 or using the rates applicable to any hedge agreement in place.

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

Future contributions: non-US$ contributions for 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 31 December 2019

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 31 December 2019, IFFIm donor grant payments are reduced by 1.5%, however such reductions are not reflected in future contributions figures.

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