Charting the next chapter: IFFIm launches strategic review ahead of its 20th anniversary

Charting the next chapter: IFFIm launches strategic review ahead of its 20th anniversary

25 March 2026

The review focuses on IFFIm’s continuing role as financing partner for global immunisation in the years ahead.

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Gavi/2025/Wilson Photographer
Angola introduced its first-ever HPV campaign in 2025.
Gavi/2025/Wilson Photographer

As IFFIm approaches its 20th anniversary in 2026 and Gavi enters its Gavi 6.0 strategic period, the organisation, in a joint initiative between the IFFIm Board and the Gavi Secretariat, has embarked on a strategic review to ensure it remains a powerful and relevant financing partner for global immunisation in the decade ahead. The development finance landscape has shifted significantly in recent years, with heightened expectations for institutions to do more with less. This moment presents a natural inflection point for IFFIm to reflect, adapt and position itself for continued impact. It also reflects a forward-looking collaboration among IFFIm, Gavi and IFFIm’s donors that was developed during constructive discussions during the recent replenishment.

The goal of the strategic review is to determine the most flexible, efficient and value-adding approach for the next era of IFFIm’s work.

Initiated in autumn 2025, the strategic review aims to identify opportunities to optimise IFFIm’s structure, governance and financial market positioning. The goal: to determine the most flexible, efficient and value-adding approach for the next era of IFFIm’s work.

The review is guided by three central objectives:

  1. Strengthening strategic alignment with IFFIm’s mission and Gavi’s evolving priorities for 2026-2030 and beyond, including a heightened global focus on pandemic readiness and rapid response capabilities.
  2. Assessing IFFIm’s credit and structural resilience in a changing aid-financing environment, as traditional funding models shift and capital market conditions evolve.
  3. Exploring enhancements to efficiency and agility, ensuring that IFFIm can best serve both sovereign donors and Gavi’s future needs while maintaining its reputation for innovation and financial excellence.

Engaging donors and partners

A cornerstone of the review is meaningful engagement with IFFIm’s stakeholders. Donor governments, the long-standing champions of innovative finance, are being consulted to deepen understanding of their priorities, constraints and expectations.

These conversations will help shape models that are responsive, realistic and mutually reinforcing.

HPV vaccination at a school in Mongolia, 2024.
HPV vaccination at a school in Mongolia, 2024.
Gavi/2024/Khasar Sandag

IFFIm is also engaging implementing partners to explore how IFFIm’s comparative advantages can evolve to ensure they remain fit for purpose at a time when concessional finance, global health security and climate-health intersections are rapidly transforming. Their perspectives will help ensure any future model remains rooted in real operational needs.

Independent expertise guiding the process

Following a Gavi-managed competitive procurement process, IFFIm selected an experienced independent consultant to lead the review. The procurement panel included IFFIm Board members and Gavi Secretariat staff, reflecting the close collaboration that will underpin the review’s success.

The strategic review is moving forward through a process that culminates with the presentation of final recommendations and a forward-looking roadmap to the Board. Together, these steps will produce a framework that will guide IFFIm’s long-term strategic direction and help shape the next generation of innovative financing for global immunisation.

Looking ahead to IFFIm’s next 20 years

As the world faces rising financial pressures, shifting donor dynamics and increasingly frequent global health threats, IFFIm’s role as a flexible, frontloaded financing mechanism remains highly valuable.

IFFIm’s role as a flexible, front-loaded financing mechanism remains highly valuable.

This strategic review is an opportunity not only to honour IFFIm’s first two decades – during which more than US$ 10 billion has been raised on the capital markets – but to ensure the organisation remains at the cutting edge of development finance and global health impact.

The year ahead will be pivotal. Through thoughtful analysis, inclusive engagement and a commitment to innovation, IFFIm is preparing to enter its next chapter stronger, more agile and better aligned than ever with the needs of children and communities worldwide.

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