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The resources raised by IFFIm are used by the Gavi, the Vaccine Alliance, a public-private partnership, which provides funds to purchase and deliver life-saving vaccines and strengthen health services in the world's poorest countries.
IFFIm uses pledges from donor governments to sell bonds in the capital markets, making funds immediately available for Gavi programmes.
From the United Kingdom's ground-breaking proposal in 2003 to the latest "Vaccine Bond" issuance to investors, trace IFFIm's history in the making.
IFFIm Chair René Karsenti (center) with, from left, Board member Cyrus Ardalan, Board member Didier Cherpitel, Board member Doris Herrera-Pol, Board member Fatimatou Zahra Diop, Board member and Audit Committee Chair Marcus Fedder and Board member Christopher Egerton-Warburton. Photo by Sam Phillips.
The World Bank serves as Treasury Manager while immunisation programmes are funded by IFFIm through Gavi, the Vaccine Alliance.
"A child's access to life-saving vaccines too often depends on where he or she lives in the world. Vaccines taken for granted in rich countries still don't get to millions of children in the developing world. This is a solvable problem."
Melinda Gates, The Bill & Melinda Gates Foundation
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The International Finance Facility for Immunisation is credited with saving more three million children's lives by delivering basic vaccines. How does it work?
© IFFIm 2016
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