Kevin Rudd, Minister for Foreign Affairs, Australia, announces Australia's increased donation to the GAVI Alliance during the opening reception in London.
Source: Ben Fisher/GAVI/2011.
Vaccines are one of the most efficient investments in global health and GAVI Alliance Partners have agreed on a long-term strategic approach to resource mobilisation involving regular funding cycles through a voluntary replenishment process.
The GAVI resource mobilisation process is a collaborative mobilisation effort whereby the Alliance partners, in the best spirit of the Alliance, leverage their strengths and networks to pave the way for sustainable fundraising of GAVI-supported programmes.
Leading donors also engage in high-level peer-to-peer outreach to develop political will amongst their peers. These efforts are supported by a coordinated global advocacy effort led by civil society networks.
GAVI-eligible countries co-finance the cost of new vaccines based on their ability to pay while the vaccine industry offers major price reductions and signals prospects for more sustainable low prices.
Multilateral partners such as UNICEF, WHO and the World Bank play a critical role in accelerating the pace of delivery of countries’ programmes and in strengthening health systems. The GAVI Secretariat plans, coordinates, and enables these efforts.
