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 November 2015 UK Aid spending review strategy ‘tackling global challenges in the national interest’ set out DFID and other ministries’ priorities as follows: strengthening global peace, security and governance; strengthening resilience and response to crises; promoting global prosperity; tackling extreme poverty and helping the world’s most vulnerable. The UK ensures value for money for taxpayers of all its investments and therefore DFID conducts Multilateral Development Review (MDR), which assesses the major multilateral agencies that DFID funds. The 2016 MDR concluded that GAVI was one of the top performers.
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).
For the 2007-2029 period, the UK has pledged USD 2.85 billion to IFFIm and in 2000-2010 contributed USD 137 million in direct contributions. In 2010, The UK committed USD 485 million to the pneumococcal AMC as well as making a new pledge for GBP 150 million in direct funding over 10 years.
In 2011, Prime Minister David Cameron hosted Gavi’s replenishment conference in London. The UK pledged an additional GBP 814 million of which GBP 50 million was allocated to support the Gavi Matching Fund for Immunisation to incentivise private sector engagement.
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.
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
Direct Contributions (including Matching Fund)
Received contributions: non-US$ contributions for 2000-2018 and Q1-Q3 2019 are expressed in US$ equivalents using the exchange rates on the dates of receipt. For 2014-2018 and Q1-Q3 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 Q4 2019 and years 2020 and beyond are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 30 September 2019 or using the rates applicable to any hedge agreement in place.
Received contributions: non-US$ contributions for 2000-2018 and Q1-Q3 2019 are expressed in US$ equivalents as confirmed by the IBRD (World Bank)
Future contributions: non-US$ contributions for Q4 2019 and 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 30 September 2019
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 2019, IFFIm donor grant payments are reduced by 1.5%, however such reductions are not reflected in future contributions figures.
In 2014, the UK committed GBP 30 million to help Gavi support the Polio Eradication and Endgame Strategy and Plan 2013-2018.
Most recently in January 2015, at the Gavi pledging conference in Berlin, the UK committed an additional GBP 1 billion to Gavi – GBP 200 million a year from 2016-2020.
Contributions and pledges in total: