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    • #Convergences

    GAVI to seek more innovative financing for 2016-2020

    How does the GAVI Alliance plan to raise a record $7.5 billion for its next funding cycle? Find out in this video interview with CEO Seth Berkley at the 2014 Convergences World Forum in Paris.

    By Carlos Santamaria // 02 October 2014
    GAVI to seek more innovative financing for 2016-2020

    As the GAVI Alliance gets ready for its next replenishment conference on Jan. 27, 2015, in Berlin, the organization is already in talks with donors and partners to figure out how to get the $7.5 billion the alliance needs for 2016-2020.

    In a video interview with Devex Associate Editor Richard Jones at the 2014 Convergences World Forum in Paris, GAVI CEO Seth Berkley explained that now is a "peak period" in which about 20 countries expected to graduate in the next funding cycle, so even if “needs will go down a little bit,” they still need the money to deliver the most cost-effective interventions to the people who desperately need them in their partner countries.

    To raise $7.5 billion — a record amount — in the next pledging conference, Berkley said the the alliance plans to tap into innovative finance tools, like crowdfunding.

    Click on the above clip to learn more from the GAVI chief on what we can expect from the organization on programming and partnerships, with the overall goal of reaching the most remote and vulnerable populations that need vaccines.

    Did you miss the 2014 #Convergences World Forum? We have a full recap from #Paris.

    Join the Devex community and access more in-depth analysis, breaking news and business advice — and a host of other services — on international development, humanitarian aid and global health.

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      About the author

      • Carlos Santamaria

        Carlos Santamaria

        Carlos is a former associate editor for breaking news in Devex's Manila-based news team. He joined Devex after a decade working for international wire services Reuters, AP, Xinhua, EFE ,and Philippine social news network Rappler in Madrid, Beijing, Manila, New York, and Bangkok. During that time, he also covered natural disasters on the ground in Myanmar and Japan.

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