Gavi

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Board -2020 -Mtg -3-IFFIm Chair Report



Section A: Introduction
? This report provides an overview of IFFIm?s contribution to Gavi and the
results of the 2021 -2025 replenishment.
? IFFIm is an innovative financing mechanism with strong donor support and
recognised as a pioneer in socially responsible investing.
? With the successful replenishment of IFFIm, its financial strength and
efficienc y will continue to support Gavi for the 2021 -2025 strategic period.
? The Gavi Board?s approval of engaging IFFIm to support CEPI as an
approved Gavi programme, has allowed for additional incremental pledges
and leverages IFFIm?s ability to frontload long -te rm donor pledges for
immediate needs.
? IFFIm is expected to provide US$1.475 billion in assured resources for the
2021 -2025 strategic period with added value through its financial flexibility.
? The IFFIm Chair report is attached in the form of a presentation as Annex
A.
Annexes
Annex A : IFFIm Chair report
SUBJECT : IFFIM CHAIR REPORT
Agenda item: 4
Category: For Information
Report to the Gavi Board
24-25 June 2020

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Board -2020 -Mtg -3-Programme and Policy Committee Chair Report


Section A: Introduction
? This report provides the Board with an overview of the activities of the
Programme and Policy Committee ( PPC ) since the Board last met in
December 2019 .
? The PPC met by videoconference on 26 -27 May 2020. During the meeting,
the Committee discussed a number of important topics for the Alliance and
agreed on recommendations which are being put forward to the Board at its
June meeting for consideration.
? The PPC Chair report is attached in the form of a presentation as Annex A
and the PPC recommendations to the Board are attached as Annex B.
Annexes
Annex A : PPC Chair report
Annex B : PPC recommendations to Gavi Alliance Board
SUBJECT : PROGRAMME AND POLICY COMMITTEE CHAIR REPORT
Category: For Information
Report to the Board
24-25 June 2020
www.gavi.orgPROGRAMME AND POLICY
COMMITTEE CHAIR REPORT
BOARD MEETING
Helen Rees
24 - 25 June 2020, Virtual Meeting
Annex A

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Board -2020 -Mtg -3-Audit and Finance Committee Chair Report


Section A: Introduction
? This report provides the Board with an overview of the activities of the Audit
and Finance Committee ( AFC ) since the Gavi Alliance Board last met in
December 2019 .
? The AFC met twice ( 13 February and 6 May) and will be meeting on 22 June
and 23 July 20 20 . Closed session and calls were also held to discuss AFC
procedural matters and brief ing s on specific topics including regular
updates on the risks and operational management of C OVID -19.
? Subjects reviewed in February and May are noted under Section B and
matters to be reviewed in upcoming meetings ( 22 June and 23 July) are
under Section C.
Section B: Subject matters reviewed
1) Financial review
? Noted that the Secretariat has effectively managed its operati ons in a
business continuity mode .
? Regular engagement of the AFC with the respective teams in the
Secretariat involved in the C OVID -19 operational response to ensure that
systems, processes and procedures operate effectively to ensure team
health & safety , business continuity and safeguarding of Gavi?s assets . No
significant issues raised.
? Noted that preparation of 2019 Financial Statements is well underway with
no significant issu es raised.
? Newly effective accounting polic ies required by US accounting rul es ha ve
been implemented .
? New regulatory requirements under the Swiss Code of Obligations (SCO)
comprising of standalone financial statements for Gavi and documentation
of internal control system processes have required significant effor t,
including by the World Bank (WB) .
? Noted t he productive collaboration between the Secretariat and the WB to
accommodat e the requirements .
SUBJECT: AUDIT & FINANCE COMMITTEE CHAIR REPORT
Agenda Item: 4
Category: For Information
Report to the Board
24 -25 Ju ne 20 20