Operations

The World Bank serves as Treasury Manager  while immunisation programmes are funded by IFFIm through Gavi, the Vaccine Alliance

World Bank

Treasury management by the World Bank

The World Bank was selected to serve as IFFIm's Treasury Manager based on its successful track record as an issuer and investor in the international capital markets, and its role as the world's largest global development institution.

Gavi, the Vaccine Alliance

Gavi programme implementation

IFFIm funds immunisation programmes through Gavi, the Vaccine Alliance, a public-private partnership of the major stakeholders in immunisation set-up in 2000 to increase access to life-saving vaccines in the world’s poorest countries.

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US$ 1 = US$ 18

A study in Health Affairs covering 73 Gavi-supported countries over the 2011–2020 period shows that, for every US$ 1 spent on immunisation, US$ 18 are saved in healthcare costs, lost wages and lost productivity due to illness. If we take into account the broader benefits of people living longer, healthier lives, the return on investment rises to US$ 48 per US$ 1 spent.

Ozawa S, Clark S, Portnoy A et al. Return on investment from childhood immunizations in low- and middle-income countries, 2011-20, Health Affairs 2016.

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