Nutrition for Growth (N4G) commitment
CIFF commits up to a further USD $700 million to address undernutrition, totalling USD $793 million over the period 2013-2020. The large majority of this will be focused on nutrition-specific interventions.
Assuming a linear rate of progress, the sum of 2014 - 2019 (US$379,196,943) is below the required amount by 2019 (US$679,714,286) to remain on course with the target of US$793,000,000
CIFF intends to develop, together with the UK Department for International Development (DFID) and the UBS Optimus Foundation, a new catalytic financing facility for nutrition that will aim to attract and incentivize new private and philanthropic funds, alongside increased domestic budgets, to accelerate the scaling up of prioritized high-impact nutrition programs in partner countries. 2015 update: CIFF is currently investing in a number of key ways to address undernutrition and has over the last year committed over US$90 million. Today, CIFF commits up to a further US$700 million to address undernutrition, totalling US$793 million over the period 2013–2020. The large majority of this will be focused on nutrition-specific interventions. This is a historic and transformational commitment for CIFF, because of the importance and urgency we attach to addressing immediately and seriously the continued obscenity of undernutrition of children in developing countries. We intend to use this finance to support partnerships with those countries which are demonstrating political commitment and leadership and shared responsibility with credible plans which are being implemented at scale, and which are transparently measuring progress and results.
In 2015, CIFF together with the Foreign, Commonwealth & Development Office and UBS supported the establishment of the Power of Nutrition as a new financing mechanism to attract more money to the nutrition sector. Over the last six years, CIFF has invested US$61m in Power of Nutrition and has almost exclusively supported its operating cost. There continues to be a large global nutrition financing gap of US$8.7 billion per year, which has been worsened by the Covid-19 pandemic.
CIFF has been a catalytic player in the nutrition space, especially with its focus on prevention of malnutrition. CIFF is funding evidence generation on foetal growth restriction, the concept of the 'small vulnerable newborn' and evidence-based interventions to ensure children are born healthy. CIFF is also partnering with countries for the scale-up of evidence-based interventions like multiple micronutrient supplements (MMS) for pregnant women in Bangladesh and Ethiopia to help add to the knowledge base on maternal nutrition scale up. Considering the huge impact of Covid-19 on child wasting, CIFF is working closely with UNICEF and World Health Organization to bring key catalytic shifts to the wasting agenda, including bringing prevention and treatment together and supporting country leadership.
CIFF commitments exceeded the US$793m target during H1 2021, which will continue to increase during the year. CIFF remains behind on disbursements on these commitments which are currently forecast beyond 2024. The large majority of our funds have been directed to nutrition-sensitive interventions to reach our Nutrition for Growth target.
At least half of the individual commitment components are assessed to be on course