The Gavi Matching Fund multiplies private sector partners’ impact by doubling their investment
The Gavi Matching Fund multiplies private sector partners’ impact by doubling their investment
The Gavi Matching Fund is a public-private funding mechanism designed to incentivise private sector investments in immunisation.
Since its launch in 2011, the Matching Fund has played an important role in encouraging business to invest in immunisation. By matching private sector contributions in cash or in kind, this mechanism helps Gavi secure the resources and expertise required to modernise vaccine delivery systems. The Matching Fund also provides long-term funding visibility that gives Gavi-supported countries the confidence to introduce new vaccines.
The Gavi Matching Fund was established in partnership with the Bill & Melinda Gates Foundation (BMGF) and the United Kingdom’s Department for International Development. Together, they pledged the equivalent of US$ 111 million1 for the 2011-2015 period (US$ 50 million and US$ 61 million, respectively). These commitments have been used to match contributions from corporations and their employees, foundations and other organisations, resulting in a total of US$ 210 million2 pledged to Gavi for the 2011-2015 period.
In 2016, the BMGF and the Government of the Netherlands committed US$ 75 million and EUR 10 million respectively to the Gavi Matching Fund. Over the 2016–2020 period, these funds will be made available to match private sector investments in Gavi- supported programmes.
1 Figure as of June 30, 2016
2 The remaining portion of the GMF has been matched against cash and in-kind contributions expected during the 2016-2020 strategic period.
STEP 1: The private sector partner makes a financial pledge to Gavi.
STEP 2: Gavi works with the partner to find ways to engage customers, employees, business partners or others to contribute through the Gavi Matching Fund.
STEP 3: Eligible contributions to Gavi through the Gavi Matching Fund by the private sector partner, its customers, employees and business partners are matched either by the Government of the Netherlands or by the Bill & Melinda Gates Foundation. 100% of funds go to Gavi for immunisation programmes in developing countries.
In addition to securing additional funding, the Gavi Matching Fund attracts powerful champions to advocate for the cause of immunisation and provide core business skills to help address technological and logistical challenges to immunisation.
For private sector partners, the Gavi Matching Fund offers incentives to be key contributors to solving a critically important global health challenge:
NEED: Support to Gavi from the private sector can help prevent a child from dying due to a vaccine-preventable disease.
RESULTS: Vaccines are one of the most cost-effective ways of saving and improving children’s lives, and their economic value goes well beyond healthcare. Immunisation is the foundation on which to build other basic healthcare services – healthy kids mean healthy families, communities and societies.
LEVERAGE: The Gavi Matching Fund doubles partners’ impact by doubling their investment in immunisation.
STANDING: Companies can highlight their commitment to this important global initiative, providing further opportunities for engagement with customers and employees. Gavi, the Bill & Melinda Gates Foundation and the Government of the Netherlands are partners with strong records of delivering effective solutions.
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