Board Decisions


Approved by the Board on: 19 November 2010

November Phase 2 decision to commit additional funding for the proposals listed in Schedule A

The Board approves additional funding for the Phase 2 period for the proposals listed in Schedule A in the amounts indicated for each proposal, with the clear understanding that the amounts approved are upper ceilings rather than final funding amounts, and based on an understanding that the Secretariat shall pursue ongoing implementation arrangements for each proposal consistent with the recommendations set forth in its Grant Scorecard. Approval is also subject to paragraph 3.c. of the revised Comprehensive Funding Policy (GF/B20/DP9).7

The Board reaffirms that the maximum funding amount for Phase 2 of each proposal shall be the sum of the amount approved by this decision and the amount of any funds approved for Phase 1 which have not been disbursed by the Global Fund at the end of the Phase 1 period.

See attached table detailing total recommended funding amount of US$ 102,377,215 for the following grants: NEP-708-G06-M ; IRN-708-G02-M ; IRN-708-G03-T ; SLE-708-G03-T ; SUD-708-G09-M ; MDG-708-G09-M ; AFG-708-G04-H ; AFG-708-G05-H ; ZAM-708-G16-T ; ZAM-708-G18-T ; ZAM-708-G17-M ; ZAM-708-G19-M ; GIN-607-G05-M


7 - The Phase 2 Panel reviewed the Zambia grants in the light of the findings in the recently published OIG audit report of the Country and the measures put forward by the Secretariat to address those findings. Following representations made by the Country Team on its proposed strategy to manage the portfolio of grants in the Country going forward as well as balancing the issues raised by the key weaknesses in grant management and performance by the Principal Recipients, the Phase 2 Panel was able to make the above recommendations to the Board for continued funding in order to find a constructive way forward for the Country.