Global Fund Board Meeting to Finalize New Funding Model

The Board of the Global Fund expects to make decisions at a meeting this week to launch a 21st century approach to funding with more predictability, more inclusive country dialogue and a greater impact to defeat AIDS, TB and malaria.

Led by Chair of the Board of the Global Fund, Dr. Nafsiah Mboi, who is also Indonesia’s Minister of Health, the meeting will deliberate on strategic, financial and operational components of the Global Fund. Finalizing a new approach to funding, with several components of a new funding model, will be the primary focus. 

 “This meeting will chart our future,” said Dr. Nafsiah Mboi. “Indonesia is extremely proud to be able to play a part in this collective effort. The Global Fund is working with all partners to galvanize support for the most effective ways to defeat AIDS, TB and malaria.”

Mark Dybul, Executive Director of the Global Fund, said partners in many countries are seeing great progress in prevention, treatment and care for people affected by the diseases.

 “We can defeat these diseases by making more strategic decisions with increased impact,” Dr. Dybul said. “The new funding model gives all of us a fuller manifestation of partnership, which is the core of our organization.”

Indonesia is a key partner of the Global Fund, and Dr. Nafsiah Mboi’s role as Chair of the Board is the first time that a leader from Indonesia has served in a leadership role on the Global Fund Board. The Global Fund has disbursed more than US$500 million in Indonesia to fight AIDS, TB and malaria since its inception in 2002.

At the launch of the Global Fund’s Replenishment in December 2013, more than US$12.0 billion was pledged for 2014-2016, the largest amount ever, and more contributions have been announced since then.

At the Board meeting, Board Members are expected to discuss and vote on strategic, financial and operational components to enable the full rollout of the new funding model that increases impact by focusing investments in countries, and in localized areas, that need it most.

The Global Fund’s Board will decide on the initial allocation amount for the 2014-2016 period, and allocation amounts will be calculated and communicated to countries in March 2014.

To enable long-term sustainability, the Global Fund is encouraging greater investment and long-term financing in countries all over the world. Significant efforts are being made by implementing countries to finance their health systems and take ownership of their programs, including Indonesia.

 

 

USA Signals Consistent Commitment to Global Health

The Global Fund to Fight AIDS, Tuberculosis and Malaria expressed thanks for President Barack Obama’s request for US$1.35 billion for the Global Fund in his 2015 budget proposal, calling it a demonstration of consistent commitment to global health.

 “We recognize and are deeply grateful for the U.S. role in our efforts to defeat AIDS, tuberculosis and malaria," said Dr. Nafsiah Mboi, Chair of the Board of the Global Fund.

 “With the U.S. giving as much as it can, we know we can drive even greater participation by other countries to reach our common goals.”

President Obama’s budget request for the Global Fund, announced today in Washington, D.C., came as the Global Fund prepares to convene a meeting of its Board in Jakarta, where it is expected to discuss and approve measures to increase the impact of its investments.

The U.S. is limited by law to providing one-third of the overall funding for the Global Fund. President Obama’s budget request for the Global Fund in 2015 is aligned with the pledge of up to US$5 billion over 2014-2016 that President Obama made when he hosted the launch of the Global Fund’s Replenishment in Washington in December 2013.

At the time, President Obama strongly encouraged other countries to give more, promising to match an additional US$1 million for every US$2 million contributed by other countries through September 2014. The Obama Administration renewed that standing pledge today.

In April, 2013, President Obama requested US$1.65 billion for the Global Fund for 2014, expressing hope that other countries would come forward with twice that amount. Within legal limits, today’s request for 2015 is the maximum amount currently possible.

The Obama Administration’s budget request included an additional US$300 million for the Global Fund in a new initiative called the Opportunity, Growth and Security Initiative, which is subject to approval by Congress. That is an additional avenue of potential funding, should other contributions grow.
Over the last ten years, the partnership between the Global Fund and U.S. programs including the President’s Emergency Plan for AIDS Relief (PEPFAR) and the President’s Malaria Initiative (PMI) have jointly achieved dramatic advances toward defeating HIV, tuberculosis and malaria.