The Board notes that a portion of sources of funds may be excluded from the allocation to Country Bands for future utilization towards investments that are not adequately accommodated through the allocation of resources to Country Bands (Annex 1 to GF/B27/DP7).
Based on the recommendation of the Strategy, Investment and Impact Committee, as set forth in GF/B31/08B, the Board:
Decides that USD 200 million will be available for new Regional Programs over the 2014 – 2016 allocation period;
Recognizes that Regional Programs will be presented to the Board for funding approval throughout the 2014 – 2016 allocation period; and
Acknowledges funding applications that are submitted by a group of small island economies or other small countries that typically would not apply as individual countries due to inherent administrative inefficiencies (the “Multi-Country Applications”) will be funded from amounts allocated to the individual disease components participating in each Multi-Country Application.