Contribution to the Gavi COVAX AMC



Contract partner: The Gavi Alliance Country: Entwicklungsländer, unspezifisch Funding amount: € 7.500.000,00Project start: 01.01.2021End: 31.12.2022

Short Description:

Overall goal


The objective of the Gavi COVAX Advance Market Commitment (AMC) is to reduce the impact of COVID-19 in 92 low income and lower middle-income countries and economies (COVAX AMC Group) by accelerating the introduction and scale up of vaccines that protect against COVID-19; in short “Vaccine delivery in countries; target populations vaccinated”.


Expected results


• Purchase of WHO approved COVID-19 vaccines for the COVAX AMC Group, helping to ensure that the COVAX AMC Group will have access to Approved Vaccines in parallel with COVAX self-financing participants.


• Commitments of future vaccine procurement to increase the speed to production and scale of available vaccines once approved.


• Approximately 1.4 billion COVID-19 vaccine doses available for 2021, of which approximately 1.2 billion available for the COVAX AMC Group. This is equivalent to 20% population coverage or 40% of the adult population in all 92 AMC economies bar India. COVAX’s supply will continue to expand in the first quarter of 2022, reaching a total of 2.6 billion doses available for supply by the end of March


Target group / Beneficiaries


92 low income and lower middle-income economies based on 2018 and 2019 World Bank GNI data and World Bank IDA eligible economies are eligible for AMC support. They include the following ADC priority countries: Burkina Faso, Ethiopia, Mozambique, Uganda, Bhutan, Moldova, West Bank and Gaza, Kosovo. The estimated number of beneficiaries is approximately 942 million. ADA’s indicative funding share will result in an estimated 565,200 beneficiaries (Presuming an indicative average fully loaded price of USD 5.20/dose and a 2-dose regimen).


Activities


• The Grant funds will be used to frontload the procurement of Approved Vaccine for the COVAX AMC Group by entering into Advance Purchase Commitments with individual vaccine manufacturers to guarantee the purchase of a pre-defined number of doses of COVID-19 vaccines from each manufacturer.

• The responsibilities of Gavi in relation to the AMC will be among others:

- select the most promising vaccine candidates for Advance Purchase Commitments with input from COVAX partners and the guidance, based on technical assessment, of experts on the COVAX Independent Product Group

- negotiate Advance Purchase Commitments and volume guarantees with individual vaccine manufacturers and make investments in manufacturing capacity expansion, technology transfer and vaccine production in advance of licensure with individual vaccine manufacturers to increase the speed to production and availability of vaccines once approved;

- facilitate access to a pooled procurement mechanism (for example, the UNICEF Supply Division or Pan American Health Organization (PAHO Revolving Fund) for the COVAX AMC Group;

- monitor and ensure appropriate use of Approved Vaccines in accordance with terms and conditions of the Request Form;

• The AMC will fund the speed premium and procurement of doses of Approved Vaccines for the COVAX AMC Group, subject to the availability of: (i) an Approved Vaccine and (ii) sufficient funding.


Context


• The global pandemic has already caused the loss of hundreds of thousands of lives and disrupted the lives of billions more. As well as reducing the tragic loss of life and helping to get the pandemic under control, introduction of a vaccine will prevent the loss of an estimated US$ 375 billion to the global economy every month. Global equitable access to a vaccine, particularly protecting health care workers and those most-at-risk is the only way to mitigate the public health and economic impact of the pandemic.

• The AMC is an innovative instrument capitalised through Official Development Assistance funding from donor countries, as well as through support from foundations, private donors and concessional funds from multilateral development banks.

project number2862-00/2021
source of fundingOEZA
sector Basisgesundheit
tied0
modalityBasket funds/pooled funding
marker Trade: 1
  • Policy marker: are used to identify, assess and facilitate the monitoring of activities in support of policy objectives concerning gender equality, aid to environment, participatory development/good governance, trade development and reproductive, maternal, newborn and child health. Activities targeting the objectives of the Rio Conventions include the identification of biodiversity, climate change mitigation, climate change adaptation, and desertification.
    • 1= policy is a significant objective of the activity
    • 2= policy is the principal objective of the activity
  • Donor/ source of funding: The ADA is not only implementing projects and programmes of the Austrian Development Cooperation , but also projects funded from other sources and donors such as
    • AKF - Foreign Disaster Fund of the Austrian federal government
    • BMLFUW - Federal Ministry for Agriculture, Forestry, Environment and Water
    • EU - Funds of the European Commission
    • Others - various other donors are listed in ADA’s annual business report.
  • Type of Aid – Aid modalities: classifies transfers from the donor to the first recipient of funds such as budget support, core contributions and pooled programmes and funds to CSOs and multilateral organisations, project-type interventions, experts and other technical assistance, scholarships and student costs in donor countries, debt relief, administrative costs and other in-donor expenditures.
  • Purpose/ sector code: classifies the specific area of the recipient’s economic or social structure, funded by a bilateral contribution.
  • Tied/Untied: Untied aid is defined as loans and grants whose proceeds are fully and freely available to finance procurement from all OECD countries and substantially all developing countries. Transactions are considered tied unless the donor has, at the time of the aid offer, clearly specified a range of countries eligible for procurement which meets the tests for “untied” aid.