Support for the International Finance Facility
The IFF is building real momentum and is a central feature of the Development agenda for the UK Presidencies of the G8 and EU in 2005. The IFF proposal has received support from more than 80 countries, including France, Italy, Sweden, Brazil, China, and South Africa, as well as from faith leaders, the business community and NGOs.
G8
At the 2005 G8 Summit, that took place in Gleneagles, Scotland, on the 5-6 July, Ministers agreed that: that: “A group of... countries... firmly believe that innovative financing mechanisms can help deliver and bring forward the financing needed to achieve the Millennium Development Goals. They will continue to consider the International Financing Facility (IFF), a pilot IFF for Immunisation and a solidarity contribution on plane tickets to finance development projects, in particular in the health sector, and to finance the IFF .”
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