This annual Risk & Assurance Report discusses the most critical risks that could potentially have an impact on the ability of the Alliance to achieve its mission and strategic goals. This year’s report presents a reframed set of 16 top risks in the context of Gavi 5.0, the COVID-19 pandemic and the COVAX Facility.

www.gavi.org
Reach every child
COVAX FACILITY
OPERATIONALISATION AND
VACCINE PROGRAMME
BOARD MEETING
Aur?lia Nguyen
15-17 December 2020, Virtual Meeting
COVAX Facility Update
2
Board meeting
15-17 December 2020

www.gavi.org
FINANCE
BOARD MEETING
Assietou Diouf
15-17 December 2020, Virtual Meeting
Board meeting
15-17 December 2020
EXECUTIVE SUMMARY
Sufficient Resources to fund current and future Board decisions for 5.0
Qualifying
Resources
Expenditures
Net available for
future investments
Investments for
Decision Today
US$ 9.5 bn
US$ 9.2 bn
US$ 0.3 bn
US$ 10.4 bn
US$ 9.3 bn
US$ 0.7 bn
US$ 0.4 bn
2016-2020 2021-2025
1. 2016-2020 Gavi 4.0
? Delivered within 1% budget despite
COVID-19
2. 2021-2025 Gavi 5.0
? Successful replenishment and US$ 1.2 bn
still available for future investments
3. Proposed Investments
? US$ 0.7 bn prioritised
4. Secretariat
5. Partners? Engagement Framework (PEF)
6. Recommendations
2
Excluding COVAX AMC and Self Financing
resources & expenditures

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Reach every child
Gavi?s approach to
engagement with former
and never-eligible Middle
Income Countries (MICs)
BOARD MEETING
Santiago Cornejo
15-17 December 2020, Virtual Meeting
The objectives of the MICs Approach address key threats to
sustainability and equity, which are core to Gavi 5.0
2
Board meeting
15-17 December 2020
1. Over the first 6 months of the year. Preliminary data. W HO Administrative Data Estimates for DTP3, November
2020. 2. Includes never-Gavi MICs with GNI p.c. $6,000 and additional never-Gavi IDA eligible economies.
Note: In this presentation, the acronyms ?MIC?, ?LMIC?, and ?UMIC? , and the word ?countries? include economies
that are not UN member states.
Challenges
MICs Objectives
Given the relevance of these threats to the successful delivery of Gavi 5.0, it is critical to
move forward on the MICs agenda now
.
Risk of backsliding, heightened by the pandemic,
threatens Gavi legacy and exacerbates inequities
? E.g., 8 former Gavis have seen a decrease in
number of children vaccinated in 2020 vs. 2019
1
Prevent and mitigate
backsliding in former Gavi-
eligible countries
Drive sustainable
introductions of key
missing vaccines in former
and never Gavi-eligible
countries
MICs are missing critical vaccine introductions , and
never-Gavis lag behind former-Gavis with similar income
levels
? E.g., 8 never-Gavi MICs are missing all three of
PCV, rotavirus, and HPV vaccines, and 11 are
missing two of the three
2