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Board Decisions

GF/B21/EDP32

Approved by the Board on: 10 December 2010

The Secretariat’s recommendation to replace the funding ceilings for the November Phase 2 decisions for Zambia (GF/B21/EDP27) with corrected funding ceilings

Referring to its earlier decision on 23 November 2010 (GF/B21/EDP27), the Board:

  1. Notes a transcription error was made in the reporting of the amounts requested and the Secretariat‘s recommendation for incremental funding for the Phase 2 period for the Zambia grants numbered ZAM-708-G18-T and ZAM-708-G17-M listed in Schedule A of that earlier decision point.
  2. Decides to amend its funding decision for the two Zambia grants numbered ZAM-708-G18-T and ZAM-708-G17-M, by replacing the earlier approved amounts with the corrected funding amounts as set out in Schedule A to this decision point, 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).1
  3. Reaffirms that the maximum funding amount for Phase 2 of each of affected proposals 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 tabledetailing 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

Notes

1 - Where the Board approves additional funding for a period greater than two years, the Secretariat is required to commit that additional funding is limited to two years. A third year of additional funding may subsequently be committed by the Secretariat, not earlier than eighteen months from the start of additional funding, conditional upon the availability of funding.