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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