As a public-private partnership, the Global Fund presents an unprecedented opportunity for companies, high-net-worth individuals and non-government partners to have a significant impact on the response to AIDS, tuberculosis and malaria.
Private sector partners have a number of ways to contribute – their finances, their knowledge, their participation in governance, their abilities as implementers, and through advocacy.
These partners contribute financial resources - to date, private sector partners have contributed over US$1.69 billion to expand the reach of the Global Fund investments and save lives. This includes substantial commitments from the Bill & Melinda Gates Foundation as well as US$300 million raised through PRODUCT(RED). We also work closely with partners to develop alternative funding mechanisms that work within the ecosystem of sustainable domestic financing for health. Some of our initiatives include social impact bonds, concessional financing, impact investing, health bonds, Debt2Health (a debt swap to raise funds for health), and supporting country-led health trust funds.
They also help Global Fund-supported programs to work better through sharing their knowledge and technical expertise. Partners like Coca-Cola, SAP, Ecobank and Munich Re and others have used their skills and capacities to strengthen health systems and improve program implementation.
In addition, the private sector contributes to decision-making through a seat on the Global Fund Board (another seat is allocated to private foundations). The Board, which is comprised of 20 voting constituencies, is responsible not only for approving funding decisions but also for setting the priorities and policies for the organization.
At the country level, private sector and non-government partners are involved in the Country Coordinating Mechanisms in many countries. On every country page, the country Coordinating Mechanism will show the complete list of members and the constituencies they represent.
Private sector companies also participate at the ground level, serving as Principal Recipients or sub-recipients of grants, implementing interventions to serve the men, women and children living with the diseases as part of their sustainability efforts.
There is also a role for these organizations in supporting the Global Fund’s awareness and advocacy efforts. Because the Global Fund does not have a presence in country, we rely on our partners – including private sector companies – to help raise awareness of the work of the Global Fund both with donors and with implementers.
We have a broad range of private partners engaging with the Global Fund. Our partners understand that investing in health equals investing in markets, people and the long-term profitability of their businesses. Partnering with the Global Fund also brings visibility, recognition and opportunities to further develop their businesses.
See the profiles below for some examples of private sector and non-governmental support.
Global Fund Corporate Champion partner funding grants in Mozambique.
A key partner of the Global Fund for financing, governance and advocacy.
The first corporate champion financing grants in selected countries.
Sharing skills, saving lives. Leveraging business innovations to improve delivery of lifesaving drugs.
A longstanding partner supporting malaria and strengthening of health systems programmes.
The new Duet Africa Private Equity Fund promotes social change.