Recent news
April 2011
Event examines vaccine financing mechanisms
April 12, 2011 -- The Center for Global Development (CGD) recently hosted an event to examine the design and implementation of vaccine financing mechanisms, including the first Advance Market Commitment (AMC), the International Financing Facility for Immunization (IFFIm), and the GAVI Alliance. Speakers at the event included Alice Albright, former chief financial officer of GAVI; Michael Kremer of Harvard University, former co-chair of CGD’s AMC working group; Helen Evans and David Ferreira of GAVI; and Amie Batson, deputy assistant administrator for global health at the US Agency for International Development. CGD and the Global Health Technologies Coalition co-hosted a reception following the event.
Speakers at the event discussed how the first AMC has helped to deliver pneumococcal vaccines worldwide cheaply and quickly, demonstrating proof-of-concept that the mechanism can be successful in certain areas. In addition, speakers addressed how IFFIm has successfully leveraged and frontloaded funding for vaccination in low-income countries. As GAVI prepares for its pledging conference in June 2011, the panel also reflected on progress and lessons learned while exploring implications for the next decade. GAVI needs donors and recipient countries to step up contributions in order to meet its goal of preventing four million future child deaths by 2015 with new vaccines. According to Batson, the United States and other donors are committed to supporting GAVI but face increasing pressure to regularly demonstrate measurable results and use funding with integrity and transparency. See the link below for more information on the event and reception.
