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Global Fund Observer


Issue 346: 16 November 2018

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1. NEWS: Main decisions at Global Fund Board meeting relate to operating expenses budget and private sector engagement

By: Adèle Sulcas & David Garmaise

The Global Fund Board held its 40th Board meeting on 14-15 November, at the Global Fund’s new offices at the Global Health Campus, in Geneva, Switzerland. This article provides a summary of the main decisions made by the Global Fund Board at this meeting, of recent decisions taken through electronic voting prior to the meeting, and notes a few of the other topics that were discussed at the meeting and during the pre-Board day.


2. NEWS: Peter Sands delivers first report as Executive Director to the Global Fund’s 40th Board meeting

By: Adèle Sulcas

In his first report as Executive Director to the Global Fund Board, eight months after assuming his new role, Peter Sands outlined progress made in the fight against the diseases, how the Fund has executed against its own strategic priorities, his view of transformation towards greater efficiency and effectiveness, and his vision of the Global Fund’s role as a partner, catalyst and influencer, especially with regard to SDG 3.


3. NEWS: Sixth Replenishment success is main focus of Global Fund’s resource mobilization

By: Adèle Sulcas

The resource mobilization and replenishment update to the Board at the Global Fund’s 40th Board meeting emphasized the Fund’s focus on the success of the Sixth Replenishment, and described the Fund’s overall approach to preparing for it. New head of External Relations Francoise Vanni presented the update. 


4. NEWS: Global Fund Board reviews allocation methodology in advance of decision at May 2019 meeting

By: David Garmaise

The Global Fund’s 40th Board meeting dedicated a session to allocation methodology, following Strategy Committee discussions on the allocation methodology for 2020–2022. The Board is expected to approve the methodology at its meeting in May 2019. The committee says that no significant changes are expected compared to the methodology used for the 2017–2019 allocations period, but that some refinements are likely. The committee also discussed catalytic investments.


5. NEWS: Strategic performance report underscores Global Fund successes but challenges remain for service delivery and coverage of key populations

By: Djesika Amendah

In its first performance report combining key performance indicators and strategy implementation reporting, the Global Fund has reported several items of good news to the 40th Board: 101% of the target for the Fifth Replenishment has been pledged and the Secretariat is forecasting that all pledges will be fulfilled; investments are better aligned to needs and national strategic plans; and country programs have increased funds absorption and provided better disaggregated data. However, enduring problems remain in service delivery and coverage of key populations.


6. NEWS: Board approves 2019 Global Fund OPEX budget of $302 million

By: David Garmaise

The $302 million budget which the Board has just approved for 2019 operating expenses at its 40th Board meeting allows the Global Fund to meet its commitment to stay within a budget ceiling of $900 million for the three-year period 2017–2019. The Board also approved a 2019 Corporate Work Plan and Budget Narrative. 


7. NEWS: Global Fund grants achieving substantial impact while financial controls continue to improve, OIG says

By: David Garmaise

In a progress report provided to the Board at its 40th Board meeting, the Office of the Inspector General states that on the basis of its work to date in 2018, the Global Fund partnership has achieved substantial results across all three diseases. Enhancement of financial controls has significantly contributed to a decrease in large cases of fraud and unsupported transactions, the OIG added. However, the Fund still faces a number of challenges, including finding missing cases of TB, improving the quality of services and managing the process of countries transitioning away from Fund support.


8. NEWS: Global Fund Board will strengthen selection processes for Board committees, for May 2019 decision

By: David Garmaise & Adèle Sulcas

The Ethics and Governance Committee (EGC) is coordinating consultations on the processes for selecting the members and leaders of Board committees, according to a paper prepared for the 40th Board meeting, just concluded in Geneva. The consultations will also cover the size of the EGC. The EGC will prepare recommendations in time for the Board meeting scheduled for May 2019.


This is issue 346 of the GLOBAL FUND OBSERVER (GFO) Newsletter. Please send all suggestions for news items, commentaries or any other feedback to the GFO Acting Editor at To subscribe to GFO, go to

GFO Newsletter is a free and independent source of news, analysis and commentary about the Global Fund to Fight AIDS, TB and Malaria (

Aidspan ( is a Kenya-based international NGO that serves as an independent watchdog of the Global Fund, aiming to benefit all countries wishing to obtain and make effective use of Global Fund resources. Aidspan finances its work through grants from foundations and bilateral donors. Aidspan does not accept Global Fund money, perform paid consulting work, or charge for any of its products.

GFO Newsletter is now available in English and French.

GFO Acting Editor: Adèle Sulcas ( Aidspan Executive Director: Ida Hakizinka (

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