Private sector partners can provide Gavi additional funding, visibility & business expertise through the Gavi Matching Fund
Football star and newly appointed representative of the Business Alliance Radamel Falcao “El Tigre” with his team Atletico Madrid before a soccer game in Madrid.
Photo Credit: Club Atlético de Madrid.
The Gavi Matching Fund is a major private sector programme designed to raise US$ 260 million for immunisation by the end of 2015.
Under the initiative, the UK Department for International Development (DFID) and the Bill & Melinda Gates Foundation have pledged about US$ 130 million combined (UK£ 50 million and US$ 50 million, respectively) to match contributions from corporations, foundations, their customers, members, employees and business partners.
This will allow Gavi to deliver more life-saving vaccines to the lowest income countries. Healthy children lead to healthy communities and healthy societies. Several companies have contributed to the Gavi Matching Fund (see below).
Over the past two years private sector contributions to Gavi have nearly tripled. This is a testament to the appeal of Gavi’s Matching Fund, an initiative that doubles private sector contributions. During the Replenishment conference in Berlin, it was announced that the Gavi Matching Fund would be renewed for the 2016-2020 period with the support of the Bill & Melinda Gates Foundation, the Netherlands and other sponsors.
Partners also engage employees, the public & business partners
The Gavi Matching Fund not only includes direct corporate contributions to Gavi, it also attracts employee and public participation, bringing significant visibility to the issue.
Partner Comic Relief highlighted immunisation during its record-breaking Sport Relief and Red Nose Day telethons viewed by millions on BBC television. And “la Caixa” Foundation, through its innovative Business Alliance for Child Vaccination, invites business partners to collaborate in the fight against child mortality.
The Gavi Matching Fund also attracts powerful champions to advocate for immunisation and provide core business skills to help address challenges to immunisation.
For instance, Vodafone is applying its mobile technology solutions to help Gavi improve immunisation programmes in remote locations, such as sending reminders to parents and updating health records.