At the recent Global Fund Board meeting, considerable discussion and energy was devoted to the design of the new funding model (NFM), particularly concerning the issue of how funding would be allocated. The discussions took place during the pre-meeting (12 September) and on both days of the Board meeting itself (13 and 14). Almost 12 hours had been set aside, and were taken, to discuss the new model.
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The Global Fund has released its results report for 2012, entitled “Strategic Investments for Impact.” The 94-page report provides comprehensive information on the achievements of programmes supported by the Global Fund through June 2012, and discusses some of the strategic issues the Fund is currently addressing.
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.
The Global Fund has narrowed the search for a new Executive Director to 11 candidates, six males and five females. This information was provided to Board members at the Global Fund Board meeting in Geneva by Masaki Noke and Karlo Boras, respectively Chair and Vice-Chair of the Ad-Hoc Nominations Committee (AHNC).
The Global Fund is now forecasting that it will have uncommitted assets worth $1,428 million by December 2014. The forecast was prepared by the Secretariat and was presented to the Global Fund Board at its meeting on 13–14 September 2012. The forecast represents an increase of $373 million over the forecast presented to the Board at its 26th meeting in May 2012.
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 Board meeting in Geneva by General Manager Gabriel Jaramillo.
The Global Fund says that over the past few months, it has taken steps to improve the outcomes of the grant renewal process. This information is contained in a report prepared by General Manager Gabriel Jaramillo for the Board meeting in Geneva.
The Global Fund Board has begun the process of selecting its next Chair and Vice-Chair. The terms of the current Chair (Simon Bland) and Vice-Chair (Dr Mphu Ramatlapeng) will come to end following the May 2013 Board meeting.
Editor’s Note: Included in this summary is the Board decision on the broad elements of the new funding model.
Twelve civil society organisations (CSOs), most of them from Eastern Europe and Central Asia, have submitted a joint position paper on the development of a new funding model for the Global Fund.