“Significantly over-allocated” countries see limits on their resources under new funding model’s allocations
Countries considered by the Global Fund to be “significantly over-allocated” have seen dramatic reductions in their allocations under the new funding model (NFM), and will be limited to implementing existing grants until the end of 2016.
Meaningful change or more of the same rhetoric? The Global Fund’s new funding model and the politics of HIV scale-up
This week’s full roll-out of the new funding model provides an opportunity to review independent assessments at the country level that recommend a significant transformation in the way the Global Fund structures its operations.
DECISION POINT: GF/B31/DP09
The Global Fund Board has approved a framework and roadmap for transition between the rounds-based approach and the new funding model (NFM), aiming to align timelines for grant funding with replenishment of the Global Fund’s coffers.
DECISION POINT: GF/B31/DP13 and GF/B31/DP14
The Global Fund Board approved the appointment of new members for two-year terms on the the Audit and Ethics Committee (AEC) and the Strategy, Investment and Impact Committee (SIIC). Insufficient nominations to the Finance and Operational Performance Committee (FOPC) resulted in a reopening of the process.
DECISION POINT: GF/B31/DP05
The Global Fund Board approved an ‘amended and restated’ comprehensive funding policy (CFP) during its 31st Board meeting on 6-7 March in Jakarta. The decision was based on recommendations from the Finance and Operational Performance Committee (FOPC), which called the new CFP the “most important document” being voted on during the meeting.
DECISION POINT: GF/B31/DP12
The Global Fund has approved a new policy covering all grant extensions, replacing a patchwork of 10 different policies created by past Board decisions.
DECISION POINT: GF/B31/DP04
The Global Fund Board approved operating expenses for the Secretariat in the amount of $298.8 million in 2014, including $20.5 million for the Office of the Inspector General. The Board also approved a decision point requesting monitoring by the Secretariat of foreign exchange fluctuations.
DECISION POINT: GF/B31/DP11
All reports on the assurance and investigation work of the Office of the Inspector General (OIG) will be made public under a revised disclosure policy adopted by the Global Fund Board at its 31st meeting in Jakarta, Indonesia.
This will include OIG functional reviews of processes at the Global Fund Secretariat, as well as reports on in-country audits and investigations.
In 2002, the new Global Fund was a world leader in aid transparency. It had committed to publish a volume and level of technical details on its grants that was unprecedented in international development.