In a new report “The Resource Needs of the Global Fund 2005-2007”, prepared for the Stockholm meeting and available at www.theglobalfund.org/en/about/replenishment, the Fund has calculated its future needs using two independent methods. The first method, known informally as the “bottom-up” method, is the primary demand-forecasting mechanism that the Fund uses. It calculates the need based on when future Rounds of grants…