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.
News Release - 22 December 2014
Global Fund Appoints Mouhamadou Diagne as Inspector General
News Release - 18 December 2014
Global Fund Approves Emergency TB Funding for Syrian Refugees
Announcement - 12 December 2014
Global Fund Congratulates Elmar Vinh-Thomas
News Release - 11 December 2014
New Approach on Buying HIV Drugs Will Save $100 Million
News Release - 10 December 2014
Côte d’Ivoire Launches Giveaway of 13 Million Nets to Fight Malaria
Turning the Tide Against HIV and Tuberculosis: Global Fund Investment Guidance for Eastern Europe and Central Asia
23 December 2014
Cote d’Ivoire: Equipping a nation’s people against malaria
15 December 2014
Be Part of the Solution
12 December 2014
Universal Health Coverage Day 12.12.2014
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