The Global Fund describes the $41.6 million in funding awarded to India in April as an innovative approach that will catalyze significant additional funding for the fight against tuberculosis. The award includes $40.0 million to buy down a portion of a $400.0-million loan from the World Bank over five years.
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Since the approval of the Sustainability, Transition and Co-Financing (STC) Policy in 2016, the Global Fund has begun exploring innovative financing mechanisms as a way of increasing co-financing and program sustainability and, in the process, scaling up HIV, TB and malaria services in low- and middle-income
Despite reservations, the Global Fund Board authorizes the Secretariat to sign agreement with the World Bank
The Board has authorized the Secretariat to enter into an “Administration Agreement” with the World Bank for the performance-based funding (PBF) project in the Democratic Republic of Congo (DRC). At first glance, this may not seem particularly newsworthy. But there are some unusual circumstances surrounding this agreement.
An Equitable Access Initiative report presents alternatives to the use of income level classification in decisions on eligibility and resource prioritization
From the perspective of the Global Fund, the main takeaway from the final report of the Equitable Access Initiative (EAI) is that decisions on eligibility and prioritization of resources should be based on more than just income level and disease burden. The EAI recommends that a multi-criteria framework be used instead.
As mentioned in Article 2, the Global Fund and the Global AIDS Vaccine Alliance (GAVI) will develop a joint proposal form for cross-cutting health systems strengthening (HSS) activities in time for use in Round 11.
The Global Fund is in discussions with the Global Alliance for Vaccines and Immunisation (GAVI) and the World Bank concerning the creation of a common platform for jointly funding health systems strengthening (HSS). For countries, a jointly funded HSS mechanism would mean simplified access to HSS funding, better alignment of financing to national HSS-related strategies, and reduced transaction costs.
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