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    Référence: 20200604
    Date de publication: 7 octobre 2020

    Promoteur – Intermédiaire Financier

    GAVI ALLIANCE

    Lieu

    Description

    The operation consists of a contingent loan to monetise the participation of European Member States and the European Commission (EC) directly to Gavi (as manager of COVAX) to support the supply of COVID-19 vaccines for low- and middle-income countries eligible under the EC European Fund for Sustainable Development and the Gavi COVAX Advance Market Commitment (AMC) framework.

    Objectifs

    The project will contribute to fund the procurement of successful COVID-19 vaccines by countries in sub-Saharan Africa and the European Neighbourhood eligible under the Investment Facility and the EC's External Investment Plan (AHDP) and the Gavi COVAX AMC framework. The project looks to support the pioneering COVAX initiative, which aims to provide innovative and equitable access to COVID-19 vaccines to all economies, regardless of income levels. This would be fundamental to end the COVID-19 pandemic as soon as possible and save as many lives as possible - avoiding a catastrophe in emerging countries.

    Secteur(s)

    • Santé - Santé humaine et action sociale

    Montant BEI envisagé (montant approximatif)

    EUR 400 million

    Coût total (montant approximatif)

    EUR 1000 million

    Aspects environnementaux

    The EIB funding will be directed to COVAX investments in vaccine development and manufacturing capacity that are expected to be carried out in facilities owned by pharmaceutical companies and / or other research centres as authorised for the same purpose and would therefore not require an environmental impact assessment (EIA) under the Directive 2014/52/EU amending the EIA Directive 2011/92/EU. Full environmental details of the supply chain of the project will be verified during the appraisal.

    Passation des marchés

    The Bank will require the Promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement (GtP). Due to the peculiar features of this transaction, certain derogations might be sought to the GtP and submitted for approval to the EIB's Board of Directors.

    Statut

    Signé - 11/12/2020

    Clause de non-responsabilité

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

    Mots-clés correspondants

    Régional - Afrique Ensemble des Pays Méditerranée Santé