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 (GMF) is a public-private funding mechanism designed to incentivise private sector investments in immunisation.
The GMF was established in 2011 in partnership with the Bill & Melinda Gates Foundation (BMGF) and the UK Department for International Development (DFID), together pledging an equivalent of US$ 111 million for the 2011-2015 period (US$ 50 million and US$ 61 million, respectively). These commitments were then used to match contributions from corporations and their employees, foundations, and other organisations, resulting in an amount of US$210 million pledged to Gavi for the 2011-2015 period.
At the 2015 Berlin Pledging Conference, the Gavi Matching Fund was extended into the 2016-2020 period with the support of BMGF (US$75 million) and the Government of the Netherlands (EUR 10 million) with the continuous objective of maximising the value of private sector investments and doubling their impact.
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” Banking 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.