Representatives of over twenty donor governments met in Durban yesterday and today for a Mid-Term Review of the first "Replenishment" period of the Global Fund, covering 2006-7. The primary purpose of the meeting was for donors to receive presentations from the Secretariat regarding the Fund's progress thus far.
At yesterday's Replenishment meeting, donors agreed to state that they had pledged a total of $3.7 billion for 2006+7. However, by the end of yesterday they had not reached final agreement on how to describe which country had pledged how much.
The following table is GFO's own compilation of what was pledged by each country. Absolute
Governmental donors yesterday pledged $3.7 billion to the Global Fund. This commitment, which fell short of expectations, will be sufficient to pay for grant renewals during 2006+7, and also for the anticipated 2005 shortfall, but will not cover the cost of any new Rounds.
To: Global Fund supporters around the world
From: Rita Arauz Molina, Global Fund board member representing Developing Country NGOs
Peter van Rooijen, Global Fund board member representing Developed Country NGOs
Anandi Yuvaraj, Global Fund board member representing communities living with HIV/AIDS, TB and malaria
Date: 10 August 2005
Re: Urgent Call for Action regarding Global Fund financing
An analysis of the Fund's financial needs and its likely income suggests that it may well not be possible for the Fund to launch any new rounds in 2006 or 2007. At best, there might be money for one new round in 2007, but none in 2006. This is a very different future than the one hoped for by the Global Fund Secretariat, in which there would be one new round in 2006 and two in 2007.
Next week, in Stockholm, the Fund will hold the first of two meetings of its first "Voluntary Replenishment Mechanism." The second meeting will take place in London in September. Further rounds of the Replenishment Mechanism are expected to be held every two or three years.