The Global Fund's Secretariat has calculated that the Fund will need to receive $3 billion in 2003 and $4.9 billion in 2004. (It bases this on its estimates of how many proposals worthy of approval will be received in future rounds.)
Of the two-year $7.9 billion requirement, the total currently pledged to be given to the Fund during those two years (plus the amount left over from 2002) comes only to about $1 billion.
The Global Fund is in a precarious financial plight. Of the $7.9 billion that the Fund needs to receive during 2003 plus 2004, only $1 billion has been pledged.
Following are brief excerpts from contributions to the first three Postings of the GFO Discussion Forum. The views expressed do not necessarily reflect those of GFO or Aidspan.
No resolution has yet been reached regarding the Global Fund's disputed grant to KwaZulu Natal (KZN), one of South Africa's nine provinces. The grant, for $72 million over 5 years, was approved in Round One, eight months ago.
Welcome to the Global Fund Observer Newsletter. Over 1,000 people signed up for the Newsletter within 24 hours of its being announced on December 18, with many more since. One third of the Newsletter subscribers have also signed up to participate in the GFO Discussion Forum.
Over the past eighteen months, Aidspan has written a number of papers about the Global Fund, and has collected all the others it could find. A full list of those that are believed to be in the public domain is provided below. Some of these are not available anywhere else on the Web. Each can be read at or downloaded from the Aidspan web site, at www.aidspan.org/globalfund.