FW: [GFAN] FW: News Release: Global Fund Board Meeting to Finalize New Funding Model

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Suksma Ratri

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Mar 6, 2014, 2:47:26 AM3/6/14
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From: globalfundadv...@googlegroups.com [mailto:globalfundadv...@googlegroups.com] On Behalf Of Amy Coulterman
Sent: Wednesday, March 05, 2014 2:08 PM
To: globalfundadv...@googlegroups.com
Subject: [GFAN] FW: News Release: Global Fund Board Meeting to Finalize New Funding Model

 

 

 

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Global Fund Board Meeting to Finalize New Funding Model

 

5 March 2014

  

JAKARTA, Indonesia – The Board of the Global Fund expects to make decisions at a meeting this week to launch a 21st century approach to funding with more predictability, more inclusive country dialogue and a greater impact to defeat AIDS, TB and malaria.

 

Led by Chair of the Board of the Global Fund, Dr. Nafsiah Mboi, who is also Indonesia’s Minister of Health, the meeting will deliberate on strategic, financial and operational components of the Global Fund. Finalizing a new approach to funding, with several components of a new funding model, will be the primary focus.  

 

“This meeting will chart our future,” said Dr. Nafsiah Mboi. “Indonesia is extremely proud to be able to play a part in this collective effort. The Global Fund is working with all partners to galvanize support for the most effective ways to defeat AIDS, TB and malaria.”

 

Mark Dybul, Executive Director of the Global Fund, said partners in many countries are seeing great progress in prevention, treatment and care for people affected by the diseases.

 

“We can defeat these diseases by making more strategic decisions with increased impact,” Dr. Dybul said. “The new funding model gives all of us a fuller manifestation of partnership, which is the core of our organization.”

 

Indonesia is a key partner of the Global Fund, and Dr. Nafsiah Mboi’s role as Chair of the Board is the first time that a leader from Indonesia has served in a leadership role on the Global Fund Board. The Global Fund has disbursed more than US$500 million in Indonesia to fight AIDS, TB and malaria since its inception in 2002.

 

At the launch of the Global Fund’s Replenishment in December 2013, more than US$12.0 billion was pledged for 2014-2016, the largest amount ever, and more contributions have been announced since then.

 

At the Board meeting, Board Members are expected to discuss and vote on strategic, financial and operational components to enable the full rollout of the new funding model that increases impact by focusing investments in countries, and in localized areas, that need it most.

 

The Global Fund’s Board will decide on the initial allocation amount for the 2014-2016 period, and allocation amounts will be calculated and communicated to countries in March 2014.

 

To enable long-term sustainability, the Global Fund is encouraging greater investment and long-term financing in countries all over the world. Significant efforts are being made by implementing countries to finance their health systems and take ownership of their programs, including Indonesia.

 

For more information please contact:

The Global Fund

Seth Faison

Head of Communications

Mobile: +41 79 788 1163

E-mail: seth....@theglobalfund.org

 

Center of Public Communication Head

Ministry of Health of the Republic of Indonesia

Drg. Murti Utami, MPH

T: +6221 52907416

kon...@depkes.go.id

 

#####

The Global Fund is an international financing institution dedicated to attracting and disbursing resources to prevent and treat HIV and AIDS, TB and malaria. The Global Fund promotes partnerships between governments, civil society, the private sector and affected communities, the most effective way to help reach those in need. This innovative approach relies on country ownership and performance-based funding, meaning that people in countries implement their own programs based on their priorities and the Global Fund provides financing where verifiable results are achieved.

Since its creation in 2002, the Global Fund has supported more than 1,000 programs in more than 140 countries, providing AIDS treatment for 6.1 million people, anti-tuberculosis treatment for 11.2 million people and 360 million insecticide-treated nets for the prevention of malaria. The Global Fund works in close collaboration with other bilateral and multilateral organizations to supplement existing efforts in dealing with the three diseases.

 

 

 

Information on the work of the Global Fund is available at www.theglobalfund.org

 

Follow the Global Fund on Twitter: http://twitter.com/globalfund

Join the Global Fund on Facebook: http://www.facebook.com/theglobalfund

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