IFFIm is a role model for socially responsible investing in global development, which faces constant funding challenges and unpredictability. Vaccine Bonds provide investors with a unique opportunity to realise an attractive and secure rate of return and diversify their portfolios while helping save young lives. It’s not a donation, it’s an investment. IFFIm has been so successful, it has changed the face of global development funding.
IFFIm’s unique financing model for global health is built upon partnerships. IFFIm receives long term, legally binding pledges from donor countries and, with the World Bank acting as Treasury Manager, turns these pledges into bonds. The money raised via Vaccine Bonds provides immediate funding for Gavi, the Vaccine Alliance. Since, 2000 Gavi has dramatically improved access to new and underused vaccines for children living in the world’s poorest countries.