Global Fund launches new funding model

The Global Fund to Fight AIDS, Tuberculosis and Malaria has launched a new funding model that allows it to invest more strategically, achieve greater impact, and engage implementers and partners more effectively.

The new funding model provides countries that implement grants with more flexibility around when they apply for funds, as well as more predictability on the level of funding available, while still encouraging countries to clearly express how much funding they need to effectively treat and prevent HIV and AIDS, TB and Malaria.

Up to $1.9 billion may be available for the new funding model's transition period, in 2013 and 2014.

This year, the Global Fund invited country disease programs for funding based on criteria including: 1) being positioned to achieve rapid impact; 2) facing service interruptions or 3) currently receiving less than they would under the new funding model's allocation principles.

Six countries and three regional programs are being invited as "early applicants". The countries - Zimbabwe, El Salvador, Myanmar, the Democratic Republic of the Congo, Kazakhstan and the Philippines - will be able to access a total of US$364 million in new funding.

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