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/DP06 and GF/B31/DP07
The Global Fund Board on 6 March approved some $300 million in funding to be set aside for special initiatives and regional programs for 2014-2016, in excess of the $10.22 billion that will be allocated to countries during the same period.
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.
DECISION POINTS: GF/B31/DP08 and GF/B31/DP10
The Global Fund has approved $14.82 billion in indicative funding for grant-eligible countries assigned to each of the four bands for the next funding cycle, as well as the allocations for each band.
Composition of the bands
The four bands are depicted below:
Ukraine's HIV community including principal recipients of Global Fund grants have formally requested that grant signing for Phase 2 of a Round 10 HIV grant be expedited to mitigate the potential impact of the current political turmoil roiling the country.
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.