Board Decisions

GF/B25/EDP07


Approved by the Board on:
20 January 2012


Funding ceilings contained in November 2011 Phase 2 Funding decision for Zimbabwe grants ZIM-809-G14-S and ZIM-809-G13-M

Referring to its earlier decision on 19 December 2011 (B25/EDP/02), the Board:

  1. Notes that a transcription error was made in the reporting of the amounts requested and the Secretariat’s recommendation for incremental funding for the Phase 2 period for the Zimbabwe grants numbered ZIM-809-G14-S and ZIM-809-G13-M listed in decision point B25/EDP/02;
  2. Decides to amend its funding decision for the two Zimbabwe grants numbered ZIM-809-G14-S and ZIM-809-G13-M, by replacing the earlier approved amounts with the corrected funding amounts as set out in Table 1, 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. Approval is also subject to Paragraph 7 of Annex 1 to the Decision Point Modification of Grant Renewals and Transition to New Funding (GF/B25/DP16).[1]
  3. Reaffirms that the maximum funding amount for Phase 2 of each of affected proposals 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.

See attached tabledetailing total recommended funding amount of US$282,752,190 for the following grants: BLR-809-G03-H ; BRN-809-G07-H ; IND-809-G13-M ; IND-809-G14-M ; KAZ-809-G04-T ; NIC-809-G06-H ; PHL-202-G09-M ; PHL-202-G11-T ; SOM-809-G06-H ; ZIM-809-G14-S ; ZIM-809-G13-M


Notes

[1] When the Board approves the renewal of an existing grant, the Secretariat is required to commit that approved funding in annual tranches, with an initial commitment for the first year of funding only. Additional one-year funding tranches may subsequently be committed by the Secretariat, conditional upon the availability of funding.

This DP corrects one grant approved via: GF/B25/EDP02: December 2011 Phase 2 Funding Decision (Zimbabwe grants numbered ZIM-809-G14-S and ZIM-809-G13-M)

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