Children should not have to wait to be vaccinated. Raising funds for vaccines today based on government pledges paid in the future makes IFFIm’s impact profound
Indonesia: A health worker vaccinates a toddler against measles © UNICEF/HQ06-1800/Josh Estey
Why IFFIm supports immunisation?
A major constraint plaguing immunisation efforts in recent years has been the lack of stable, predictable and coordinated cash flows for an extended period. With the main issues in extending immunisation coverage requiring long-term projects, such as health worker training, developing countries have long emphasised their preference for large-scale, long-term funding.
IFFIm helps to address this concern: its frontloading development assistance invests the majority of money "up front" allowing both developing countries and vaccine manufacturers to plan for longer periods of time knowing the necessary resources will be available. This predictability increases efficiency, planning and results.
Immunisation is well suited to use international finance facility -generated1 funds because it:
- is an essential and highly cost-effective intervention that is integral to the public health system;
- has the potential to save millions of children's lives through a substantial ramp-up in coverage rates;
- can use resources to accelerate vaccine market forces;
- can be scaled up quickly, even in resource-poor settings;
- is a key first (and sometimes, only) point of contact for mothers and children with the health systems, and can be used to deliver other interventions such as vitamin A and insecticide-treated bed nets;
- can channel funds through an existing effective system.
1 In January 2003 the UK Treasury and the UK's Department for International Development (DFID) launched a proposal for an international finance facility. The IFF is designed to frontload aid to help meet the Millennium Development Goals, addressing the US$50 billion per year increase in development aid necessary to meet these goals by 2015. IFFIm is the first IFF programme to be launched.