Board Decisions

GF/B19/EDP01


Approved by the Board on:
03 July 2009


Approval of Additional Funding Recommendations (Phase 2)

  1. The Board approves additional funding for the Phase 2 period for the proposals listed in Schedule A in the amounts indicated for each proposal, with the clear understanding that the amounts approved are upper ceilings rather than final funding amounts, and based on an understanding that the Secretariat shall pursue ongoing implementation arrangements for each proposal consistent with the recommendations set forth in its Grant Scorecard. The Board reaffirms that the maximum funding amount for Phase 2 of each proposal shall be the sum of the amount approved by this decision and the amount of any funds approved for Phase 1 which have not been disbursed by the Global Fund at the end of the Phase 1 period.
  2. The Board approves additional funding for one year for the Continuity of Services for the proposal listed in Schedule B and described in Annex 1, with the clear understanding that the amount approved is an upper ceiling rather than a final funding amount, and based on the understanding that the Secretariat shall pursue implementation arrangements for such proposal consistent with the recommendation set forth in Annex 1.

SCHEDULE A
Total US$39,366,472

Benin, TB – Round 6
Grant Number: BEN-607-G06-T
CCM Requested Amount (Total Phase 2): Euro 4,020,433(1) (2)
Approved Funding Amount (Incremental): Euro 3,394,175= US$4,505,767(2)
Recommendation Category: Conditional Go

Djibouti, HIV – Round 6
Grant Number: DJB-607-G04-H
CCM Requested Amount (Total Phase 2 in US$): 7,485,768
Approved Funding Amount (Incremental in US$): 7,485,768
Recommendation Category: Go

Djibouti, TB – Round 6
Grant Number: DJB-607-G03-T
CCM Requested Amount (Total Phase 2 in US$):2,620,959(1)
Approved Funding Amount (Incremental in US$): 2,415,075
Recommendation Category: Go

Senegal, HIV – Round 6
SNG-607-G05-H
CCM Requested Amount (Total Phase 2): Euro 10,912,515(1) (2)
Euro 9,337,573 = US$12,395,628(2)
Recommendation Category: Go

Senegal, HIV – Round 6
Grant Number: SNG-607-G06-H
CCM Requested Amount (Total Phase 2 in US$): Euro 4,166,385(1) (2)
Approved Funding Amount (Incremental in US$): Euro 3,791,386 = US$5,033,065(2)
Go

Serbia, HIV – Round 6
Grant Number: SER-607-G03-H
CCM Requested Amount (Total Phase 2 in US$): Euro 4,531,534 (2)
Approved Funding Amount (Incremental in US$): Euro 4,531,534 = US$6,015,611(2)
Recommendation Category: Conditional Go

Suriname, HIV – Round 5
Grant Number: SUR-506-G03-H
CCM Requested Amount (Total Phase 2 in US$): 1,800,000
Approved Funding Amount (Incremental in US$): 1,515,558
Recommendation Category: Conditional Go

SCHEDULE B

Côte D’Ivoire, HIV – Round 2
Grant Number: CIV-202-G05-H
CCM Requested Amount (in US$) : 10,451,388
Approved Funding Amount (Incremental in US$): 2,950,407

Next Steps:

The Secretariat will begin negotiations immediately for the extension of the grants listed in Schedules A and B.


Notes

(1) The column “CCM Requested Amount” is provided for reference only. The figures with the superscript (1) in this column represent CCM requested amounts which either exceeded the limit of the original Phase 2 amount (i.e. [Lifetime proposal amount (adjusted)] – [Phase 1 grant agreement amount] or included Phase 1 undisbursed amount.

(2) The Serbia Round 6 HIV, Benin Round 6 TB and two Senegal Round 6 HIV proposals were approved in Euro and the respective CCMs have requested Phase 2 funding in Euro. To give the Board the most up-to-date picture of what the EUR/USD equivalent is at the time of the Phase 2 submission, the recommended incremental funding amount has been computed in USD using the rate of exchange that is published by the International Monetary Fund on its website on 30 April 2009 (Euro1 = US$1.3275).

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The reference number of this decision was assigned post-factum.