Financial Sustainability

To date, IABIN has been supported by grants from the OAS, the U.S. Agency for International Development, the World Bank, and the Brazilian government, and by in-kind contributions from nations of the hemisphere. An increasing number of nations have committed to the development of IABIN and will support it with in-kind contributions to varying levels according to their capacities. However, continued development and maintenance of the network requires that a strategy for the financial sustainability of IABIN be developed and implemented.

Financial sustainability for IABIN has two components. First, sources of recurring funding for the operation of the hub and other periodic activities (e.g., annual IABIN Council meetings) must be identified. Second, participating agencies and institutions must be assured of continued internal funding for IABIN-related activities that are their in-kind contributions to the development of IABIN. IABIN itself will not be a source of funding for projects; rather, it should facilitate the fund-seeking process by helping its members identify potential funding sources and potential partners with whom collaborations can be formed to leverage available resources.