The UK is the largest donor to IFFIm and a leading supporter of Gavi. As of 2021, the UK’s existing core Gavi IFFIm commitments total £2.6 billion over 23 years to support Gavi core immunisation programmes and COVID-19 vaccines provided by the COVAX Facility.
The UK has made three legally binding pledges to IFFIm since its inception. The first was in 2006 for £1.38 billion and payable over 20 years from 2007-2026. In 2009, the UK pledged an additional £250 million payable over 20 years from 2010-2029. The third pledge, made to IFFIm in June 2022, extended the UK’s commitment with an additional pledge of £461 million.
In 2020, the UK pledged an additional £500 million to IFFIm for the COVAX AMC.
In its 2021 annual review, the UK Foreign, Commonwealth & Development Office (FCDO) gave IFFIm a score of A+. The report noted, “IFFIm plays a critical role in Gavi’s financial strategy as a source of long-term, predictable and flexible funding for Gavi 5.0. The COVID-19 pandemic has further reinforced the importance of IFFIm’s proven frontloading model, with IFFIm emerging as an indispensable frontloading vehicle for donors to leverage in support of equitable access to COVID-19 vaccines via CEPI and the COVAX AMC.”
US$ 4,230 million
*over 23 years
Currency of pledge
GBP 2,591 million
*over 23 years
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