The Global Fund to Fight AIDS, Tuberculosis and Malaria today launched “a new funding model that allows it to invest more strategically, achieve greater impact, and engage implementers and partners more effectively. The new funding model provides countries that implement grants with more flexibility around when they apply for funds, as well as more predictability on the level of funding available, while still encouraging countries to clearly express how much funding they need to effectively treat and prevent HIV and AIDS, TB and Malaria.”  The Global Fund noted that up to US$1.9 billion may be available for the new funding model’s transition period, in 2013 and 2014. Full implementation of the new funding model will begin in early 2014 and will grant money in the 2014-2016 period. Based on the available funding, “47 countries may receive up to US$1.5 billion through renewals, grant extensions and redesigned programs that can rapidly make use of funds in 2013. As ‘interim applicants,’ these countries can immediately accelerate current programs that are highly effective.”    The new funding model “also encourages countries to strengthen national strategies by incorporating HIV and AIDS, tuberculosis and malaria treatment and prevention in a holistic, programmatic approach. Further, it supports countries in consolidating existing funding streams and redesigning grants as needed around coherent, strategic and high impact investments that are aligned with domestic and other external funding sources.”

http://www.theglobalfund.org/en/mediacenter/newsreleases/2013-02-28_Global_Fund_Launches_New_Funding_Model/