Addressing Funding and Approval Process for Round 11, Second Wave of National Strategy Applications (NSAs) and Health Systems Strengthening Platform (HSFP)
The Board recognizes uncertainties in relation to the expected funding envelope for Round 11, the Second Wave of NSAs and HSFP applications and notes that it has been revised downward to a current estimate of not more than US$0.8 billion, which may not be available until the fourth quarter of 2013.
The Board and the Secretariat will examine options for modification of the application, renewal and approval processes for new and existing investments in light of these resource constraints, the recommendations of the High Level Panel and the Global Fund's strategy and reform processes. The Board will communicate the results of those deliberations no later than 1 December 2011. These deliberations will also consider options for reallocation of existing commitments to prioritize high-impact interventions, which could increase resources available for new investments.
As a result of the expected delay in availability of resources, the Board extends the application deadline for Round 11, the Second Wave of NSAs and HSFP applications until at least 1 March 2012.
This decision does not have material budgetary implications for the 2011 Operating Expenses Budget.