DECISION POINT: GF/B31/DP13 and GF/B31/DP14
The Global Fund Board approved the appointment of new members for two-year terms on the the Audit and Ethics Committee (AEC) and the Strategy, Investment and Impact Committee (SIIC). Insufficient nominations to the Finance and Operational Performance Committee (FOPC) resulted in a reopening of the process.
DECISION POINT: GF/B31/DP05
The Global Fund Board approved an ‘amended and restated’ comprehensive funding policy (CFP) during its 31st Board meeting on 6-7 March in Jakarta. The decision was based on recommendations from the Finance and Operational Performance Committee (FOPC), which called the new CFP the “most important document” being voted on during the meeting.
DECISION POINT: GF/B31/DP12
The Global Fund has approved a new policy covering all grant extensions, replacing a patchwork of 10 different policies created by past Board decisions.
DECISION POINT: GF/B31/DP04
The Global Fund Board approved operating expenses for the Secretariat in the amount of $298.8 million in 2014, including $20.5 million for the Office of the Inspector General. The Board also approved a decision point requesting monitoring by the Secretariat of foreign exchange fluctuations.
DECISION POINT: GF/B31/DP11
All reports on the assurance and investigation work of the Office of the Inspector General (OIG) will be made public under a revised disclosure policy adopted by the Global Fund Board at its 31st meeting in Jakarta, Indonesia.
This will include OIG functional reviews of processes at the Global Fund Secretariat, as well as reports on in-country audits and investigations.
In 2002, the new Global Fund was a world leader in aid transparency. It had committed to publish a volume and level of technical details on its grants that was unprecedented in international development.
Malawi’s preparations to develop an integrated HIV/TB concept note required under the new funding model have included the election on 12 February of two new members to its country coordination mechanism (CCM) with roots in the TB community.
Integration of TB and HIV programs in high burden countries both necessary and beneficial, experts say
Forty-one countries will from 2014 be required by the Global Fund to submit joint TB-HIV concept notes under the new funding model in what experts in both fields consider to be necessary and beneficial but also challenging to implement.
With a budget of $65 million annually, the Local Fund Agents represent a significant and critical element in the Global Fund’s architecture and reflects about 20 percent of its total operating budget. Despite this, there has been little reflection or review of this piece of the model. One of the last reviews of the LFA system was commissioned by the Fund in 2006, and published online in 2007.