Main decisions made at Board meeting

1. NEWS
28 Apr 2016

On 26-27 April 2016, the Global Fund Board held its 35th meeting in Abidjan, Côte d’Ivoire. GFO was present, with observer status. The main decisions made at the meeting, in chronological order, were as follows. (For precise wording of what the Board agreed, see the decision points document which should be available shortly at www.theglobalfund.org/en/board/meetings/35.  Background documentation will also, in time, be posted by the Global Fund at the same location.)

New Strategy. The Board approved “The Global Fund Strategy 2017-2022: Investing to End Epidemics.” Further details are provided in a separate article in this issue. [See Decision Point 4.]

2015 Annual Financial Report. The Board approved the 2015 Annual Financial Report, which includes the 2015 Consolidated Financial Statements audited by Ernst & Young, SA. The Board also approved the 2015 Statutory Financial Statements, also audited by Ernst & Young, SA. [See Decision Points 5 and 6.]

Eligibility Policy. The Board approved a revised Eligibility Policy. Further details are provided in a separate article in this issue. [See Decision Point 7.]

Sustainability, transition and co-financing. The Board approved a Sustainability, Transition and Co-Financing Policy. Further details are provided in a separate article in this issue. [See Decision Point 8.]

Challenging Operating Environments. The Board approved a Challenging Operating Environments Policy. Further details are provided in a separate article in this issue. [See Decision Point 9.]

Allocation methodology. The Board approved a methodology for the 2017-2019 allocations.  The Board tasked its Strategy Committee with approving at its June 2016 meeting the method by which the Secretariat will apply and report on the qualitative adjustments that are part of the methodology. The Board also tasked the Secretariat with presenting the initiatives that could be funded as catalytic investments to the Strategy Committee for the committee’s meeting in June 2016. Further details are provided in a separate article in this issue. [See Decision Point 10.]

Response to the OIG 2015 annual opinion. The Board requested that the Secretariat present a detailed action plan to advance risk management and internal controls, with measureable and time-bound targets; and report on progress to the Board in June 2016. There is a separate article in this issue on the OIG 2015 annual opinion. [See Decision Point 3.]

Partner’s Constituency. The Board approved the addition of the Partnership for Maternal, Newborn & Child Health (PMNCH) to the membership of the Partner’s Constituency on the Board. The PMNCH is a partnership of 730 organizations working on sexual, reproductive, maternal, newborn, adolescent, and child health. Current members of the Partner’s Constituency are the STOP TB Partnership, Roll Back Malaria, and UNITAID. The Partner’s Constituency is a non-voting seat. [See Decision Point 11.]


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