Board Decisions - Eighth Board Meeting

GF/B08/DP5

Approved by the Board on: 30 June 2004


Phase 2 Funding (Report of the Monitoring, Evaluation, Finance and Audit Committee (MEFA))

Decision Point 1:

1.1 The Board decides that special policies and procedures are required in the event o insufficient resources during a certain calendar year to fund all Phase 2 grant renewals. Such a situation of resource constraints would become evident at the final Board meeting of the previous year.

1.2 The Board decides that provided funding is available for at least one year of renewals, available resources will be allocated among all grants that satisfy the Global Fund's renewal criteria according to a time-limited partial allocation system.

  1. A time-limit for renewed grants should be established by the Board at the final Board meeting of the year prior to the year of renewals. This time limit will be based on conservative estimates of resource needs for renewals as compared to resources available for the calendar year of resource constraints.
  2. Initial amounts committed during the year may be adjusted at the end of the year based on actual resource needs for renewals as compared to resources available.

There are no material budgetary implications for this decision point.

Decision Point 2:

The Board decides that for subsequent year(s), the following priority system will apply in the event of resource constraints:

First funding priority: Unfunded portions of prior year(s) renewals.

Second funding priority: Renewals due in the current year. A time limited partial allocation system will be established as necessary (seeDecision Point 1.)

Third funding priority: New proposal rounds (as already established in the Comprehensive Funding Policy).

There are no material budgetary implications for this decision point.

Decision Point 3:

The Board recommends that if funding is not available for at least one year of Phase 2 grant renewals during a certain calendar year, special procedures will be decided by the Board at the final Board meeting of the previous year.

There are no material budgetary implications for this decision point.

Decision Point 4:

The Board recognizes the importance of sustaining ongoing treatment, as well as prevention, care and support services.

The Board requests the Secretariat urgently to explore internal mechanisms and to work with partners to develop options for the continuity of services through broader country partnerships associated with common national strategic framework for the three diseases. The Board requests the Secretariat to report back to MEFA, PMPC and the Ethics Committee on these issues in time for the development of recommendations by the Ninth Board Meeting.

Budgetary implications of this decision point:

The additional cost of implementing this decision is approximately US $135,000.


Budgetary Implications

The additional cost of implementing this decision is approximately US $135,000.