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The Financial Intermediary Fund: a new model that duplicates the Global Fund

ABSTRACT Jorge Saavedra, a member of the Developing Country NGO Constituency on the Global Fund Board, explains the World Bank’s creation of a separate fund to address pandemic preparedness and response and discusses what this may mean for the Global Fund and its partners. In this new financing mechanism, communities and civil society, at the heart of the Global Fund’s response to the three diseases, do not have an equal place at the table. Not only could it duplicate some of the Global Fund’s work, but it could potentially divert financial support from the Global Fund.

By Javier Hourcade Bellocq

June 8, 2022

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