GFO Issue 458, Article Number: 1
Global Fund Board Decisions at 52nd Board Meeting, Malawi, November 2024
In preparation for the next three-year grant cycle starting in 2026 (Grant Cycle 8), changes were effected through revisions to the four policies:
The revisions were approved unanimously by the Board. Changes to the Eligibility Policy and Allocation Methodology Shifts funding towards lower-income countries and increases the proportion of funding for TB and malaria.
Changes to the Sustainability, Transition and Co-Financing policy
Strengthens the rigor and specificity of co-financing requirements and enables better preparations for transition, in order to support sustainable progress in the fight against the three diseases.
Aim: More streamlined, impactful, and sustainable global health response. The Global Fund to continue supporting countries’ efforts to strengthen public financial management (PFM) so as to facilitate the delivery of credible, priority-oriented health budgets, integrated disease programs, efficient flow of funds, effective budget execution and strengthened accountability.
Catalytic Investment priorities for Grant Cycle 8 To focus on components of the Global Fund’s Strategy that are critically needed to accelerate progress but are not fully addressed through Country Allocations. This includes human rights, gender equity, NextGen Market Shaping to enable accelerated access to new innovations, and countering the impact of climate change on the health of the poorest and most vulnerable communities. The Catalytic Investment priorities for Grant Cycle 8 are also designed to leverage private sector contributions.
OPEX Budget The Global Fund Secretariat operating expenses (OPEX) budget for 2025, set at US$346 million was approved. Also approved were adjustments to the risk appetite statements, addressing in-country supply chain risks and grant-related fraud and fiduciary risks.
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