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GAVI is a trailblazer in developing innovative methods to finance health programmes.

The International Finance Facility for Immunisation ( IFFIm ) was created to rapidly accelerate the availability and predictability of funds for immunisation.

IFFIm raises funds by issuing bonds in the capital markets, using long-term government pledges as a guarantee and to pay back interest.

Since its launch in 2006, IFFIm has raised more than US $ 3 billion by tapping the capital markets and has effectively doubled the funds available for GAVI ’ s immunisation programmes.

IFFIm is funded by France, Italy, the Netherlands, Norway, South Africa, Spain, Sweden, the United Kingdom and Australia.