GAVI Board Meeting, 21-22 June 2001, London, England
Status report on the Fund
It is essential to have a long-term perspective concerning
the Vaccine Fund beyond five years so that resources
are in place to help finance future vaccines, such as pneumococcal
conjugate, as they become available.
We must continue to monitor the balance between funding
for purchase of vaccines and health services infrastructure. As
the Vaccine Fund receives new resources, the highest priority should
be to increase support to immunization services in countries. One
proposal is to provide countries with more than one year of share
payments for each additional child reached; the Fund was requested
to conduct further calculations to assess financial implications
of this strategy.
Funding for vaccine research and development should
come primarily from partners, but resources from a third sub-account
of the Vaccine Fund may be appropriate to use to fill gaps, at some
point in the future, in order to support the GAVI priority R&D
projects (three vaccines and up to three technologies).
Board members emphasized the Fund policy not to replace,
or displace, funding from other sources. In this regard, it will
be useful to scale up activities on a database to analyse resource
flows in immunization, as proposed by the Financing Task Force.
This work should be linked to ongoing work being done at WHO and
the World Bank on national health accounts.
The Fund was requested to present its fundraising
targets and plans to the GAVI Board at its next meeting.
- approved a new Fund policy
in which countries that receive* approval for support from either
sub-account of the Vaccine Fund are eligible for three years
supply of auto disable (AD) syringes and safety boxes for all
traditional routine EPI vaccines, or the equivalent amount of
money to be used to improve safety of immunization programs. Financial
implications of this recommendation are estimated to be up to
$17 million per year;
- approved a new Fund policy in which countries
that receive* approval for introduction of new vaccines from the
Vaccine Fund, but have >80% DTP3 coverage and are therefore
not eligible to receive funding from the immunization services
account, are provided a fixed amount of $100,000 to support costs
associated with vaccine introduction activities. Financial implications
of this recommendation would be approximately $2 million in total;
- approved a cap for funding support to the three
big countries China, India and Indonesia of $40
million each (over five years).
* Decision is retroactive; countries that
were approved in past rounds may request new support at the time
of their inception reports.