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Innovative Vaccine and Immunization Funding: Advance Market Commitments

In: Innovative Humanitarian Financing

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  • Maram Ahmed

    (School of Oriental and African Studies)

Abstract

One of the top infectious disease killers of children under the age of five globally is pneumonia, with most mortality occurring in low and middle-income countries. Vaccines are considered to be important for public health and an effective tool to reduce preventable deaths, for example, pneumococcal conjugate vaccines (PCVs) have helped reduce severe childhood pneumonia and other pneumococcal diseases. However, the market for and the development of vaccines targeting diseases in developing countries has been disproportionately slow. This chapter will evaluate the effectiveness of innovative health financing sources in particular, advance market commitments, as viable funding mechanisms for global health initiatives such as vaccine and immunization programs through a case study of the Pneumococcal Vaccine Advance Market Commitment Program and more specifically, the development of the 10-valent pneumococcal conjugate vaccine.

Suggested Citation

  • Maram Ahmed, 2021. "Innovative Vaccine and Immunization Funding: Advance Market Commitments," Palgrave Studies in Impact Finance, in: Innovative Humanitarian Financing, chapter 0, pages 29-63, Palgrave Macmillan.
    • Handle: RePEc:pal:psifcp:978-3-030-83209-4_3
    DOI: 10.1007/978-3-030-83209-4_3
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