In late December 2015, the Global Fund Board approved $433 million in funding for 20 grants emanating from concept notes submitted by 12 countries. Of the $433 million, $297 million represented new money; the balance was existing funding that had been approved prior to the new funding model but was nevertheless included in the NFM allocations to countries.
In November 2015, the Global Fund Board approved $224 million in funding for 22 grants emanating from concept notes submitted by 14 countries and one regional organization. The Board was acting on recommendations from the Grant Approvals Committee and the Technical Review Panel.
The TERG applauds the principles and directions of current strategy but identifies several areas requiring improvement
The Global Fund Strategy 2012-2016 remains as valid now as it was when it was developed in 2011 and its principles and directions should continue to guide the Fund in the coming years. This was a central conclusion of the Strategic Review 2015, carried out by the Technical Evaluation Reference Group. A report on the review was provided to the Board at its meeting on 16-17 November.
Malawi grants receive more than two-thirds of the $620 million in funding approved by the Board in October
In October 2015, the Global Fund Board approved $620 million in funding for 22 grants emanating from concept notes submitted by 11 countries and five regional organizations. The Board was acting on recommendations from the Grant Approvals Committee and the Technical Review Panel.
On 27 July 2015, the Global Fund Board approved $319.8 million in funding for 11 grants in six countries that had submitted concept notes. Included in this amount was $25.3 million in incentive funding. In addition, the Fund placed interventions worth $17.1 million in the registry of unfunded quality demand. For details, see the table.
Under the new funding model (NFM), the Global Fund created a system to maintain an inventory of unmet needs identified by countries, the funding for which exceeds their allocation for the period 2014-2017.