15th GAVI BOARD MEETING
Geneva, Switzerland, 28-29 April 2005
Summary Report

>>Back to the 15th GAVI Board Meeting

10. Update on the International Finance Facility for Immunization (IFFIm)

• The proposed structure of the IFFIm may appear to be complicated but when compared to other financial vehicles of this magnitude, it is actually not overly complex. Even so, the structure is the price that must be paid for the additional resources for immunization that would be made available through the IFFIm.
• Donors clarified that their contributions to the IFFIm would be additional; core funding trends would continue on their current trajectory.

The Board:

10.1 Applauded the UK, France and Sweden for their leadership and continued commitment to make the IFFIm a reality. The resources will enable saving more children’s lives without delay.

10.2 Confirmed the importance that, from a country perspective, there should be no difference in the regular GAVI country support processes and processes to be employed with IFFIm resources.

10.3 Agreed that improvements to the audit, monitoring and evaluation of country programmes should be applied consistently between regular GAVI resources and IFFIm resources.

>>Back to the 15th GAVI Board Meeting