Board Decisions

GF/B15/DP16


Approved by the Board on:
27 April 2007


Size of the Global Fund

The Board notes that UNAIDS, the Stop TB Partnership and Roll Back Malaria have estimated that the global resource needs regarding the three diseases are approximately US$ 28-31 billion per year in 2008-2010.

The Board recognizes that adequate resources are critical in fighting the three diseases, and that contributions must come from several sources -- national and international, multilateral and bilateral, governmental and non-governmental. The Board believes that, as a major financing mechanism for HIV/AIDS, tuberculosis and malaria, the Global Fund has a critical role to play in this effort. The Board also recognizes that some funders provide significant resources through other channels.

The Global Fund's 2007 Resource Needs report currently projects a level of demand to the Global Fund of US$ 6 billion per year in 2010, which would represent a tripling in the size of the Global Fund.

The Board recognizes that, if its partners and stakeholders in developed and developing countries scale up their efforts to strengthen and improve the quality of demand from country partnerships, such demand could potentially reach the level of US$ 8 billion by 2010. Meeting concrete expressions of demand in the above range will require major, additional resource mobilization from public and private sources, and innovative financing mechanisms. The Board, therefore, also calls on its partners, stakeholders and the Secretariat to take concrete steps to encourage demand at these levels, and to work with the Board and Secretariat to mobilize the resources necessary to meet increased demand expressed in the submission of quality proposals to the Global Fund.

The Board further acknowledges that reaching the target will require continued demonstration of good performance, effectiveness and rapid disbursement by the Global Fund and its grantees.