risk management

8.

Risk management processes during grant-making are inefficient and ineffective: OIG

2 Mar 2016
Three-month target for completing grant-making often not met

Current risk management processes are inefficient and ineffective in supporting the identification of risks during grant-making. This is a critical weakness because grant-making aims to identify and pre-empt potential implementation challenges so that implementers “hit the ground running” once grants are signed.

2.

Despite serious concerns about risk, Global Fund approves $316 million in new funding for TB/HIV grants to Nigeria

17 Dec 2015
Grants are considered critical to maintaining and scaling up existing services
Fund says the standard approach to risk mitigation in Nigeria is not sufficient

The Secretariat is recruiting state-level fund portfolio managers for Nigeria

6.

Progress in assurance and risk management too slow: OIG

18 Nov 2015
The OIG says the roll out of new assurance model requires more buy-in and more support from the top

According to the Office of the Inspector General, insufficient progress has been made in assurance and risk management.

In its semi-annual progress report to the Board, the OIG said that its audit work has revealed that despite Global Fund investments in this area, assurance measures have had limited effectiveness and are still not being tailored to the country context.

10.

Progress made in implementing AMAs, but concerns expressed about overdue AMAs

18 Nov 2015
Half of all outstanding AMAs are overdue, OIG says

Although significant progress was made since the last Board meeting on implementing agreed management actions, the total number of overdue AMAs and the proportion of overdue AMAs have both increased.

This information was contained in a paper prepared by the Office of the Inspector General for the Board meeting on 16-17 November. The paper included a response from the Secretariat.

1.

New HIV grant signed for Papua New Guinea

18 Jun 2015
Key population services emphasized in $14.2 million grant

Papua New Guinea has signed a $14.2 million grant with the Global Fund under the new funding model that emphasizes outreach and targeted prevention messages for key populations, as well as continuing service delivery even to the most remote areas in the Pacific nation.

6.

Aidspan produces new guide to the Global Fund's risk management policy

15 Apr 2015

In November 2014, at its 32nd meeting, the Global Fund Board adopted a new risk management policy that sought to outline in comprehensive detail the shared responsibility within the organization to nurture a culture that encourages prudent risk-taking within the context of maximizing impact of investments in the fight against the three diseases.

2.

Ecuador and Rwanda audits show mixed results

15 Jan 2015
Problems in governance, oversight and management in Rwanda; deficiencies in program performance and controls of health services and products in Ecuador

Reports on audits of grants in Rwanda and Ecuador were released by the Office of the Inspector General (OIG) at the end of December.

Rwanda

4.

How to improve HIV/TB prevention, treatment and care in prisons

29 Oct 2014

At the global epicenter of the HIV epidemic, intravenous drug use and sharing of syringes, needles and drug use paraphernalia, unprotected sex, multiple sexual partners, and low and inconsistent condom use are among the drivers of the spread of the virus [1]. Equally, prisoners comprise a key vulnerable population contributing to the epidemic.

7.

New Aidspan paper explores the role of the local fund agent (LFA)

11 Jun 2014
Evolving responsibilities include risk management, accountability and effective oversight of grant implementation at country level

Aidspan on 11 June released a new paper on the evolving role of the local fund agent (LFA) in the Global Fund's ecology, specifically in relation to in-country oversight of grant implementation.

5.

HIV spreading in Asia, including among Global Fund High Impact countries

11 Feb 2014
Lack of progress raises questions about targeting of HIV response

A UNAIDS special report released in November has warned of a risk that regional progress in Asia and the Pacific in stemming the spread of HIV is stagnating, recommending a closer look at value for money and strategic targets for external and domestic co-financing of prevention, treatment and care activities.

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