International Finance Facility for Immunisation Company (IFFIm) is a multilateral development institution created to accelerate the availability of predictable, long-term funds for health and immunization programs through the GAVI Alliance in 70 of the poorest countries around the world. IFFIm was created as a development financing tool to help the international community achieve the Millennium Development Goals. IFFIm's financial base consists of legally binding grants payments from its sovereign sponsors (France, Italy, Norway, South Africa, Spain, Sweden and the UK), on the basis of which IFFIm's is rated AAA/Aaa/AA+ (Fitch/Moody's/S&P). With the backing of these pledges, IFFIm borrows money by issuing bonds in the capital markets to fund vaccination programs in developing countries, thus using financial markets to frontload commitments.
Fund Website »