Funding Model

Financial Management Strengthening

Strengthening financial management can increase the ability of Global Fund implementers to achieve more impact against AIDS, tuberculosis and malaria. The Global Fund provides its implementing partners with opportunities to strengthen their work in this area by making available the following resources.

Financial Management Handbook for Grant Implementers

The Financial Management Handbook for Grant Implementers outlines core aspects of a robust financial management system and sets out required standards to support the optimal and efficient use of funds.

The handbook:

  • Helps implementers know and understand the various stages of the funding cycle and the role and relevance of a financial management system at each stage
  • Describes the financial management principles in place by the Global Fund to control and mitigate operational fiduciary and financial risks related to grant implementation
  • Provides clear guidance and expectations on the Global Fund’s financial management system requirements

The handbook is available for download:

  • Financial Management Handbook for Grant Implementers
    download in English | Français

Service providers

The Global Fund has a list of pre-qualified service providers to support implementers in strengthening their financial management systems and to help them achieve the standards outlined in the handbook. The providers were pre-qualified based on technical and cost factors. This pre-qualification allows implementers to receive technical support from a qualified provider in a timely manner in order to address their financial management challenges.

The pre-qualified providers can support implementers with:

  • Financial management information systems solutions
  • Mobile device solutions
  • Mobile money solutions
  • Consultancy services for capacity building

Accessing support

The providers can enter into a direct agreement with implementers in order to support them with services for which they have been pre-qualified. The agreement is signed between the relevant grant implementer and the selected service provider. The Global Fund is not involved in agreements signed between implementers and providers. Neither party is bound to enter an agreement with these providers.

The list of providers and the process for accessing them are detailed in our documents:

  • List of Pre-Qualified Financial Management Support Service Providers
    download in English
  • Process for Accessing Pre-Qualified Service Providers for Financial Management Strengthening
    download in English | Français

Guidelines on Financial Risk Management

The Guidelines on Financial Risk Management establish guidance on the Global Fund’s approach to mitigating financial risks within grants. The guidelines:

  • Provide a clear understanding of the financial risks that need to be assessed and how these assessments should drive changes in financial risk management at the implementer level
  • Outline the roles and responsibilities of the different stakeholders involved in financial risk management at the Global Fund by providing an accountability matrix
  • Clarify the policy for Global Fund finance specialists and implementers on what financial risk identification tools and mitigation measures are available and how and when they should be used
  • Ensure that Country Teams monitor and assess regularly the impact of these measures on the financial risks of the grant together with the overall performance of the grants
  • Facilitate better engagement with stakeholders in managing financial risks

The guidelines are available for download: