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Financials

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The Global Fund raises and invests nearly US$4 billion a year to support programs run by local experts in countries and communities most in need. The Global Fund strives to support programs that are based on national health strategies and to operate in a balanced manner in different regions and for HIV, TB and malaria. Grants are intended to add to, but not replace, existing investments in health. The Global Fund does not implement programs, it supports local experts.

Contributions

The Global Fund has steadily increased the amount of money raised and the amount invested to prevent, treat and care for those affected by HIV, TB and malaria. Supported by strong advocacy from many partners, especially by civil society and people affected by the diseases, advocates of global health have guided governments, mostly from G20 nations, to contribute constructively to reduce the burden of disease in countries worldwide.

A detailed list of contributions and pledges is available:
Pledges and Contributions [ download in English ]

Disbursements

The Global Fund disburses the initial grant money once the design and specifications of a grant are complete and approved. Under the principle of performance-based funding, continued grant funding is dependent on proven, effective results. As of May 2017, the Global Fund had disbursed US$33.8 billion.

The graph below provides an overview of disbursements by the Global Fund, identified by disease and cumulative total. More information about grant disbursements is available on individual country sections in the grant portfolio section.

Disbursements 2002-2017

Operating expenses

Operating expenditures in 2016 were US$277 million, which represents slightly more than 2 percent of grants under management. The Global Fund has stabilized its operating expenses in recent years through disciplined cost control and adherence to a budgeting framework, while the volume of disbursements continues to grow. The graph below illustrates the amount of operating expenses year on year.

Allocation

The Global Fund uses an allocation-based funding model to direct resources where they are needed most. Launched in early 2014, this represented a shift away from the previous rounds-based system. The model determines an allocation for each eligible country at the beginning of each three-year cycle. Allocations are calculated using a formula that is predominantly based on a country’s disease burden and economic capacity. The allocation-based system provides implementing partners with predictable funding and flexible timing.

Published 20 June 2017

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