2.

Global Fund and other donors commit money and focus to COVID-19 pandemic

1 Apr 2020
Global Fund sees “a potentially catastrophic scope” for COVID-19

The COVID-19 pandemic appears to be uniting the world’s major powers and donors in a spirit of strong solidarity – with the notable exception of the political powers of the United States and China – and major global health entities are beginning to describe their strategies related to this coronavirus.

2.

Global Fund invests $40 million to facilitate $400-million World Bank loan to India

26 Jun 2019
Loan ‘buy-down’ leverages increased resources to frontload India’s investment, help achieve impact quickly

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.