Global Fund to fight AIDS, Tuberculosis and Malaria /GFATM/
The Global Fund to Fight AIDS, Tuberculosis and Malaria is a partnership between governments, civil society, the private sector and affected communities. It represents an innovative approach to international health financing.
The Global Fund was founded on a set of principles:
- Operate as a financial instrument, not an implementing entity.
- Make available and leverage additional financial resources.
- Support programs that reflect national ownership.
- Operate in a balanced manner in terms of different regions, diseases and interventions.
- Pursue an integrated and balanced approach to prevention and treatment.
- Evaluate proposals through independent review processes.
- Establish a simplified, rapid and innovative grant-making process and operate transparently, with accountability.
The Global Fund's purpose is to attract, manage and disburse resources to fight AIDS, TB and malaria. The Fund does not implement programs directly, relying instead on the knowledge of local experts.
As a financing mechanism, the Global Fund works closely with other multilateral and bilateral organizations involved in health and development issues to ensure that newly funded programs are coordinated with existing ones. In many cases, these partners participate in local Country Coordinating Mechanisms, providing important technical assistance during the development of proposals and implementation of programs.
Since 2001, the Global Fund has attracted US$ 4.7 billion in financing through 2008. In its first two rounds of grant-making, it has committed US $ 1.5 billion in funding to support 154 programs in 93 countries worldwide.
Further details can be found on the GFATM web site www.theglobalfund.org