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ABSTRACT The World Bank’s Fiduciary Intermediary Fund for Pandemic Preparedness and Response reminds readers that it is soon to launch its first Call for Proposals.
ABSTRACT The Fiduciary Intermediary Fund for Pandemic Preparedness and Response had its first Board meeting on 8 and 9 September. As we conclude the Global Fund Replenishment Conference in New York, we ask if its creation has resulted in less overseas development assistance for 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.
ABSTRACT There have been several developments in global health relating to the Global Fund in recent weeks. The World Health Organization released the World Malaria Report 2020, which reiterates that countries have collectively made progress in the last two decades, although this progress has slowed in recent years. The Joint United Nations Programme on HIV/AIDS also released the World AIDS Day report, which introduces new AIDS targets for 2025. This article also reports on a joint investment by the Global Fund, World Bank and the Government of Australia to support universal health coverage in Lao People’s Democratic Republic.
ABSTRACT International donors, including the Global Fund to Fight AIDS, Tuberculosis and Malaria, promptly made funds available to assist the fight of the COVID-19 pandemic. It is important to assess whether existing mechanisms, including the Global Fund’s “three-line defense model,” can be used to manage risk in the context of the COVID-19 crisis. Allegations of fraud and corruption are multiplying across countries. Aidspan relies on civil society organizations to help maintain accountability in this COVID-19 pandemic.
ABSTRACT While developed and developing countries around the world struggle to cope with the shocking rapidity and scale of COVID-19’s spread, the Global Fund and other major global donors are rallying to support countries' efforts, both medical and economic, to cope. The Global Fund is enabling up to $500-million within the current portfolio for reprogramming, the World Health Organization is gaining traction with its Solidarity Fund, and the World Bank Group has announced a $12-billion financing package for countries. The G20 has made broad commitments to protect lives and help “all countries in need of assistance” – what this means concretely is not yet clear.
By:David Garmaise 2 NEWSJun 26th 2019 ABSTRACT A $40-million award to India from portfolio optimization will help India secure a $400-million loan from the World Bank, to fight tuberculosis. Loan 'buy-downs' are one of the innovative financing mechanisms that the Global Fund has been exploring as a way of increasing domestic financing and scaling up services in low- and middle-income countries. This is the Global Fund's first investment of this kind.
ABSTRACT Blended finance is a mechanism that would allow the Global Fund to provide financing in more innovative ways, says Arman Moussavi in this commentary. The author explains how blended financing works, and provides examples of projects that the Global Fund is considering investing in. The diverse scope and complicated nature of the arrangements for blended financing will bring a number of challenges and risks to the organization, Moussavi explains.
ABSTRACT With some discomfort, the Board has authorized the Secretariat to enter into an “Administration Agreement” with the World Bank for the performance-based funding project in the Democratic Republic of Congo. Because the agreement is based on the World Bank’s Single Donor Trust Fund template, the Fund’s Office of the Inspector General will not be able to provide assurance regarding the funds disbursed under the project.
ABSTRACT In its final report released last week, the Equitable Access Initiative recommended that a multi-criteria framework be used instead of World Bank income level classifications in policies affecting eligibility for funding and the allocation of resources. The recommendations apply to all donors, not just the Global Fund.
