The Children’s Investment Fund Foundation (CIFF), one of the world’s largest philanthropic organisations, will invest $787 million that is expected transform the lives of hundreds of millions of children.
The investment marks a shift in international development priorities driven by CIFF, the British Government and the Government of Brazil over the last twelve months, which led to donors securing up to $4.15 billion in new commitments to tackle under-nutrition up to 2020, at the Nutrition for Growth high level meeting in London.
At the meeting, governments, private sector organisations and civil society organisations also endorsed the Global Nutrition for Growth Compact, which commits parties to scale up their political commitment, increase resources and take urgent action on childhood and maternal under-nutrition.
CIFF’s $787 million investment is being touted as the largest single investment in the eradication of under-nutrition by a private foundation in history.
Nutrition is one of CIFF’s key priority areas, identified as delivering the greatest large-scale, cost-effective benefit for the world’s children. Investments in nutrition also provide benefits in two other priority areas, child survival and educational attainment.
Jamie Cooper-Hohn, Co-founder and CEO, CIFF said, “We have seen a historic shift with nutrition taking its place at the heart of the health, education and economic development agendas. The investments will transform the lives of millions of children as well as the economic growth and prosperity of nations.”
EH News Bureau
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