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Several board members commented on the fact that at present, only $300 million of the anticipated $1,000 million cost of Round 5 has been promised. This led to a resolution saying “The Board notes with concern the current shortfall regarding funds available for Round 5. The Board calls upon participants of the Replenishment Conference, and all other potential donors, to…
Editor’s Note: This explanation of the broad elements of the new funding model is based on the decision point adopted by the Board. Not everything in the decision point is clear, so this explanation includes some interpretation by Aidspan. Readers are advised to check with the Global Fund Secretariat if they have questions. As reported on GFO Live, at its meeting in…
David Garmaise
Bernard Rivers
The Secretariat is making a special effort to fix what it calls “stuck grants.” These are grants to which no money has flowed within the first three months after signature of the grant agreement or, for more mature grants, to which no money has flowed within the last six months. This information is contained in the report prepared for the…
Editor’s Note: Included in this summary is the Board decision on the broad elements of the new funding model. On 13–14 September 2012, the Global Fund Board held its 27th meeting in Geneva, Switzerland. GFO was present, with observer status. The main decisions made at the meeting, in chronological order, were as follows. (For precise wording of what the Board agreed, see…
As a result of pressure from the United States, the Board agreed to appoint an Inspector General. The role of the office of the inspector general will be to assess whether the Global Fund and its grant recipients are using the money in the ways intended. Inspections, both announced and unannounced, will be conducted of the Global Fund, PRs, Sub-Recipients,…
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