Gavi and World Bank Group Deepen Collaboration to Boost Health System Resilience and Regional Vaccine Manufacturing
Switzerland, Dec. 5 -- Gavi, the Vaccine Alliance (Gavi), and the World Bank Group are deepening their collaboration to strengthen financing for immunization and primary healthcare systems, while also supporting regional vaccine manufacturing in Africa. Working together, the two organizations plan to mobilize at least US$2 billion over the next five years in joint financing, aligned with country priorities. To support low- and lower middle-income countries as they transition from external support to long term sustainable financing, Gavi and the World Bank Group will leverage new financing tools such as blended finance, buydowns, and guarantees, and work together in areas like public financial management. Gavi and the World Bank Group will a...
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