News and Resources
News and resources
IFFIm increases its most recent bond by US$ 250 million to total US$ 1 billion
IFFIm today increased by US$ 250 million the 1% 5-year vaccine bond it issued in April 2021. The additional proceeds will provide Gavi, the Vaccine Alliance, immediately available funding to support routine immunisation in lower-income countries.
COVAX begins vaccine rollout amid global supply challenges
Camel riders traverse Northern Kenya to spread the word about COVID-19 vaccines. Planes bearing half a million vaccines touch down in Manila. Mongolian villagers gather in a health centre waiting room in Batsumber. Around the world, millions of doses of COVID-19 vaccines have begun arriving through the COVAX Facility in the largest and most rapid g...
Australia increases support for COVAX through new pledges to IFFIm
Australia has made new commitments of long-term funding to IFFIm to support the purchase and distribution of COVID-19 vaccines to 92 lower-income economies. Australian Prime Minister Scott Morrison announced his country has pledged AU$ 50 million to IFFIm for the Gavi COVAX AMC. Australia previously pledged AU$36 million to IFFIm for the AMC...
Monique Barbut, Hassatou N’Sele and Ingrid van Wees to join IFFIm Board of Directors
New board members bring diverse backgrounds in global development and finance London, 1 July 2021 – IFFIm, the International Finance Facility for Immunisation, has appointed three new global development and finance executives to its Board of Directors. Monique Barbut, President of World Wildlife Fund (WWF) France, Hassatou Diop N’Sele, Trea...
Sweden makes historic US$ 287 million commitment to IFFIm
On 15 April, at the “One World Protected” event to launch a campaign to raise US $2 billion for the Gavi COVAX Advance Market Commitment, Per Olsson Fridh, Sweden’s Minister for International Development Cooperation announced his country’s US$ 258.1 million (SEK 2.25 billion) in long-term funding to IFFIm to support the purchase and distributi...
IFFIm helps COVAX bring fair, global access to COVID-19 vaccines
With vaccine bonds, donors and private investors are tackling the toughest global health crisis in a century. In the spring of 2020, as the novel coronavirus began to envelop the world, it was clear that a vaccine, available everywhere, would be essential to stem the pathogen’s spread.
The Lay of the land
The Lay of the Land: Q&A with IFFIm Board Chair Kenneth Lay Ken Lay was just 24 and not yet out of law school when he went to work at the SEC and started his career in finance. That job, and the mentors he met, set Ken on a career that brought him to the World Bank, where he earned a reputation as the architect of the modern bond market. As Ch...
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