Social Bond Principles IFFIm’s pioneering Vaccine Bonds have been instrumental in influencing the financial markets to develop a set of common Social Bond Principles (SBPs) to underpin this market. IFFIm aligns with all four components of the SBPs: SBP components Requirements met by IFFIm Use of proceeds Proceeds go to support Gavi’s mission to accelerate the availability of life-saving vaccines for the world’s most vulnerable children Project evaluation & selection Gavi’s potential vaccine investments are evaluated by an Independent Review Committee (IRC), which is made up of independent technical experts, and which reports to the Gavi Board Gavi is responsible for the selection of immunisation and/or health systems strengthening programmes for which IFFIm provides funding Management of proceeds Gavi manages the allocation, disbursement and tracking of IFFIm’s proceeds in a transparent manner as per its program funding policies Monitoring & reporting IFFIm provides annual reporting as part of its Trustee Report and Financial Statements on all amounts approved for disbursement to help fund Gavi’s programs to accelerate access to life-saving vaccines for children in the world’s lowest-income countries.” Disbursements are approved for country-specific programs through a process whereby eligible developing countries submit applications to Gavi for vaccine procurement, including Covid-19 vaccines, immunisation and health system strengthening support, including cold chain equipment optimization and other investment opportunities to help vaccinate almost half the world’s children against deadly and debilitating infectious diseases. IFFIm & the UN Sustainable Development Goals IFFIm supports Gavi’s mission to save children’s lives and protect people’s health by increasing equitable use of vaccines in lower-income countries is directly aligned with the UN Sustainable Development Goal 3; which aims to end preventable deaths of newborns and children under 5 years of age by 2030. The global partnership between the donors, the Board of Directors, the World Bank, Gavi and Socially Responsible Investors working for Gavi’s mission is aligned with the UN Sustainable Development Goal 17 which recognises the need for stronger commitment to partnership and cooperation to achieve sustainable development. For more information on IFFIm as a socially responsible investment see: Funding Gavi COVAX Second Footer Menu ABOUT IFFIm FUNDING IMMUNISATION IMPACT INVESTOR CENTRE NEWS AND RESOURCES Footer menu Contact Sitemap Legal Notice Gavi, the Vaccine Alliance World Bank © IFFIm 2021