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GAVI, Islamic Development Bank Partner To Accelerate Introduction Of Vaccines In Member Countries

The GAVI Alliance and the Islamic Development Bank (IDB) “entered into a partnership Monday (March 11), with the goal to vaccinate at least 400 million children by 2020 in the bank’s member countries,” Devex reports, noting, “The alliance said it would need an estimated $7 billion to reach its target under the partnership” (3/12). According to a GAVI press release, Ahmad Mohamed Ali, chair of the IDB Group, “mentioned that in the initial stage, IDB will try to support the governments of selected member countries to implement the vaccination program through its ‘triple win financing model’ in which it will seek collaboration with other partners while also providing the recipient countries the opportunity to contribute a portion of the cost along with IDB” (3/11).