The central aim of the International Finance Facility for Immunisation Company (IFFIm) is to help save more children's lives and to do so faster, in order to support the achievement of the Millennium Development Goals. IFFIm has been designed to accelerate the availability of funds to be used for health and immunisation programmes through the GAVI Alliance (formerly the Global Alliance for Vaccines and Immunisation) in 70 of the poorest countries around the world.

By investing the majority of resources up front—“frontloading”—this innovative funding programme will increase significantly the flow of aid to ensure reliable and predictable funding flows for immunisation programmes and health system development during the years up to and including 2015.

An anticipated IFFIm investment of US$4 billion is expected to help prevent five million child deaths between 2006 and 2015, and more than five million future adult deaths by protecting more than 500 million children in campaigns against measles, tetanus, and yellow fever. [learn more]

The International Finance Facility for Immunisation Company (“IFFIm”) is a new multilateral development institution. IFFIm was established as a charity with the Charity Commission for England and Wales (UK charity registration number 1115413) and registered in England and Wales as a company (registration number 5857343).

The World Bank is the Treasury Manager for IFFIm. In that capacity, the World Bank, as IFFIm’s agent, manages IFFIm’s finances according to prudent policies and standards. This includes the development of IFFIm’s funding strategy and its implementation in the capital markets, managing rating agency relationships and investor outreach, and hedging transactions and investment management. The World Bank coordinates with IFFIm’s donors and manages their pledges and payments.

The World Bank also administers the GAVI Fund Affiliate Account which receives bond proceeds from IFFIm and makes disbursements for GAVI Alliance programs.