In the last year, COVAX has delivered more than 1.4 billion COVID-19 vaccines to 145 low and middle-income economies — a heartening milestone in the fight against the pandemic. Yet, with millions of people still unvaccinated, COVID-19 is far from over. The virus is evolving, too. A major variant has been identified every four months, on average, si...
A novel Guarantee Facility designed by the European Investment Bank (EIB) and Gavi, and backed by IFFIm, has been set up, with a maximum of US$ 225 million available on a revolving basis. The new innovative financial instrument, first announced at the Gavi Vaccine Summit in 2020, leverages IFFIm’s long-term assets to improve the efficiency and flex...
IFFIm scored an A+ in the latest review from the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO), released in February 2022. The UK, IFFIm’s founding and largest donor, evaluates IFFIm annually, and has consistently given IFFIm an A/A+ rating as an efficient, effective and equitable financial instrument. Since 2006, the UK ha...
Speaking about how the IFFIm frontloading model can apply to other humanitarian causes, IFFIm Board Chair Ken Lay appeared at a conference about financing partnerships for land mine clearance on 8 March.
Ingrid van Wees joined the IFFIm board on 1 October 2021. Until December 2021 she was Vice President for Finance and Risk Management of the Asian Development Bank (ADB), based in Manila, the Philippines.
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