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    Signature(s)

    Amount
    € 301,943,762.97
    Sector(s)
    Health : € 301,943,762.97
    Signature date(s)
    19/12/2022 : € 11,322,891.11
    19/12/2022 : € 55,678,429.89
    19/12/2022 : € 234,942,441.97

    Summary sheet

    Release date
    27 September 2022
    Status
    Reference
    Signed | 19/12/2022
    20220412
    Project name
    Promoter - financial intermediary
    GAVI GUARANTEE FACILITY II
    GAVI ALLIANCE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 320 million (EUR 319 million)
    USD 3300 million (EUR 3292 million)
    Location
    Sector(s)
    Description
    Objectives

    Guarantee facility to support GAVI's (the Vaccine Alliance) investments in vaccines and in sustainable immunisation programmes.

    The project aims to work beyond COVID-19 to increase immunisation coverage in low-income countries, harness vaccine supply security and provide sustainable immunisation programs. By addressing unmet medical needs through the provision of vaccines to low-income countries the project strengthens local health systems and enhances independent health security. The project is expected to make a significant contribution to the realisation of several Sustainable Development Goals (SDGs), notably SDG3 - Ensure healthy lives and promote wellbeing for all at all ages.

    Additionality and Impact

    The project aims to work beyond COVID-19 to increase immunisation coverage in low-income countries, harness vaccine supply security and provide sustainable immunisation programs. By addressing unmet medical needs through the provision of vaccines to low-income countries the project strengthens local health systems and enhances independent health security. The project is expected to make a significant contribution to the realisation of several Sustainable Development Goals (SDGs), notably SDG3 Ensure healthy lives and promote wellbeing for all at all ages.


    Environmental aspects
    Procurement

    The project mainly concerns investments that are expected to be carried out in existing facilities already authorised for the same purpose. The compliance with the EIA Directive 2011/92/EU as amended by Directive 2014/52/EU and the Habitats Directive (92/43/EEC as amended) will be verified during the appraisal.

    Due to the status of the Promoter as an International Organisation, the Bank has concluded that the Promoter may not be subject to the Guide to Procurement. Under this project, the Promoter will rely on United Nations Children's Fund "UNICEF" to conduct the procurement. Therefore the Promoter will follow UNICEF's procurement policy and procedures under this project and the Guide to procurement will not apply.

    Milestone
    Under appraisal
    Approved
    Signed
    26 October 2022
    19 December 2022

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - GAVI GUARANTEE FACILITY II
    Publication Date
    6 Oct 2022
    Document language
    Main Topic
    Lending
    Document Number
    159040823
    Document Focus
    Environmental Information
    Project Number
    20220412
    Sector(s)
    Publicly available
    Download now
    Other links

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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