Established as a partnership in global health, the Global Fund works closely with a wide diversity of partners –implementing governments, donors, civil society, international development organizations, the private sector and communities living with and affected by the diseases. This partnership model actively supports country-owned approaches that develop and implement effective, evidence-based programs to respond to AIDS, tuberculosis and malaria.
Announcement - 31 October 2014
Johannes Hunger Appointed as Head of Strategic Information
Announcement - 22 October 2014
WHO Says Improved Data Show More Cases of TB
News Release - 29 September 2014
Luxembourg Raises Contribution to the Global Fund
Announcement - 26 September 2014
Landmark HIV Diagnostic Access Program Will Save $150m
News Release - 23 September 2014
Major Push for Domestic Financing for Health
Turning the Tide Against HIV and Tuberculosis: Global Fund Investment Guidance for Eastern Europe and Central Asia
30 October 2014
Fighting HIV in Quito’s Red Light District
24 October 2014
Neighbors Helping Neighbors in the Fight Against Malaria
16 October 2014
Using Drama for a Drama-Free Pregnancy
Performance-based funding is one of the core principles of the Global Fund. Simply put, it means that funding is dependent upon proven results measured against time-bound targets. Performance-based funding promotes accountability and provides an incentive for recipients to use their funding as efficiently as possible.
Global Fund grants are awarded on the strength of the initial proposal. When that proposal is approved and becomes a signed grant agreement, countries receive their first disbursement – generally the amount needed for the first six months of operation.
That grant agreement includes a list of targets against which the country will be measured, and which have been agreed by the country and the Global Fund. Each time the country requests their next disbursement, they must provide information on two key points: how has their funding been spent, and what results have been achieved with those funds? In other words, has the program achieved its targets?
Depending on the results, a grant is given one of four possible rating (A1, A2, B1, B2), and this will determine how much of the remaining funding can be accessed.
The Global Fund’s system of performance-based funding was developed to ensure that money is spent on delivering services directly to the men, women and children living with the diseases. At the same time, it provides a platform for countries to demonstrate that they can convert financing into results. And results – proven performance – are critical to raising funding from donors.
Performance-based funding ensures accountability, efficiency and effectiveness.
The Global Fund is committed to the highest standards of accountability and responsibility. If you have heard of any instance of inappropriate use of money related to the Global Fund, please report it immediately, here: Report Fraud and Abuse
© 2014 The Global Fund to Fight AIDS, Tuberculosis and Malaria