Risk management optimization

Total contribution
US$1 million
Partner since

The Global Fund is strengthening risk management in health programs it supports worldwide under an agreement signed with Munich Re, one of the world’s leading reinsurers. Through the partnership, the German company contributes know-how in areas such as supply chain optimization – enhancing program effectiveness when fighting AIDS, tuberculosis and malaria.

Munich Re, a reinsurance company based in Munich, contributes risk management and insurance expertise to help implementers of programs supported by the Global Fund to identify and effectively manage risks through appropriate solutions.

The initiative is focusing on identifying risks in supply chains that are Global Fund supported and procurement initiatives that are already in place. Munich Re is also giving advice and proposing risk management solutions that can maximize effectiveness in program implementation. In addition, it helps to identify solutions to improve the lives of vulnerable populations. In addition, Munich Re is supporting the development of the Global Fund insurance framework and guidelines for the benefit of Global Fund implementers.

The project is focusing on countries with a potential for high impact according to Global Fund criteria. These are countries with limited infrastructure or reduced grant absorption capacity, and countries where introducing optimization and risk management solutions can make a difference to the effectiveness of grants awarded.

Pledge and contribution data updated on: 10 June 2022