governance

6.

Aidspan produces new guide to the Global Fund's risk management policy

15 Apr 2015

In November 2014, at its 32nd meeting, the Global Fund Board adopted a new risk management policy that sought to outline in comprehensive detail the shared responsibility within the organization to nurture a culture that encourages prudent risk-taking within the context of maximizing impact of investments in the fight against the three diseases.

1.

Maturity and systems theme of 33rd Board meeting

8 Apr 2015
Governance reform and eliminating the funding gap remain elusive

The Global Fund used its 33rd Board meeting on 31 March - 1 April to demonstrate its continued maturation as an organization and show that the systems it has put in place are working.

3.

"Finally, the Global Fund is focused on human beings": Dybul delivers executive director's report

2 Apr 2015
Travels to six countries in Q1 demonstrate breadth of impact of new funding model, ED says

Switching gears from a typical executive director's report to the Board during the Global Fund's 33rd meeting on 31 March, Mark Dybul reflected on the six trips he had made in the first quarter of 2015 that demonstrated what he said were the breadth and flexibility inherent in the new funding model.

4.

Hauser and Kurtovic the new 'dream team' leading Global Fund Board

1 Apr 2015
The pair will serve two years, presiding over the next financial replenishment and an evolution of the allocations methodology

A consensus, unanimous vote for the new 'Dream Team' was passed, electing Norbert Hauser of the German delegation and a former interim inspector general as Board chair and Aida Kurtovic, from the EECA delegation and long-time civil society activist, as vice-chair. Campaigning took place behind closed doors and the vote passed easily as the 33rd Board meeting opened on 31 March.

9.

Code of ethical conduct for governance officials adopted

31 Mar 2015
“Best interests of the Fund must take priority”

While governance officials have a responsibility to represent their constituencies, “they are ultimately obligated to work in the best interests of the Global Fund,” according to a code of ethical conduct adopted by the Board at its meeting in Geneva on 31 March–1April 2015.

1.

New inspector general appointed

13 Jan 2015
Mouhamadou Diagne has more than 20 years of international public accounting experience

Senegalese national Mouhamadou Diagne will take up his new role as the Global Fund's inspector general from March 2015, replacing the outgoing IG, Martin O'Malley, it was announced in late December.

2.

Some hiccups but mostly smooth sailing for Latin America and Caribbean under NFM

29 Sep 2014
Six concept notes in and another eight on deck for October from the region

Countries from Latin America and the Caribbean have submitted six concept notes under the new funding model (NFM) as of end-September, with another eight expected in the October submission window, according to a calendar shared with Aidspan.

Three of the first six notes submitted were returned following a review by the Technical Review Panel; the revisions are expected to be completed in time to catch the November TRP window.

1.

Finance transformation at the Fund: new bottle, how was the wine?

7 May 2014
Deep changes in how the Fund manages its finances are reflected in a two-year process of reform

In September 2012, as part of the overall transformation of the Global Fund, the incoming new chief financial officer Daniel Camus also took up the challenge of reforming the Fund’s financial management. Over the past 18 months, he has led a growing team of financial experts whose work has now touched nearly all aspects of the Global Fund’s operations.

Background

1.

Countries whose allocations cover only existing grants must make the money last until end 2017

2 Apr 2014
Funding from the 2017–2019 allocation period won’t be available before 2018
this article contains a correction

The Global Fund is telling countries whose 2014–2016 allocations consisted of only enough money to cover the costs of their existing grants that the money they are receiving has to last until the end of 2017.

The Fund is also telling all countries not to expect to receive any new funding from the 2017-2019 allocation period until the end of 2017.

3.

Reform is possible, and necessary, in the governance of the Global Fund

2 Apr 2014

by Bernard Rivers

In 2011, the Global Fund faced a crisis of confidence triggered by some negative media articles. In line with the old adage that you should never let a good crisis go to waste, the Fund’s Board sought to address a number of weaknesses, some of which had never been previously discussed.

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