Global Fund seeks replacement for rounds-based funding model

Gabriel Jaramillo, managing director of the Global Fund to Fight AIDS, Tuberculosis and Malaria. Photo by: Paulo Filgueiras / UN

The Global Fund to Fight AIDS, Tuberculosis and Malaria has rolled out a process to develop a new financing model that will replace its current rounds-based system.

The Global Fund board’s Strategy and Investment and Impact Committee is set to consider starting July 9 (Monday) aspects of the new model. Prior to the meeting, the committee’s senior staff consulted with partners and other committee members for input on the new model, which is expected to incorporate a dialogue and feedback system, have more flexible timing and increase predictability among other features.

According to the latest Global Fund News Flash issue, the new model will be designed with the following principles in mind: commitment to remain global while focusing on countries, most in-need populations and interventions, and implication of the grant process.

Consultations on the model’s design are expected to continue over the coming weeks, according to Ruwan de Mel, head of strategy and access to funding.

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About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.