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Global Fund Board Approves Grants for First Applicants Under New Funding Model

June 21, 2013

"The Board of the Global Fund to Fight AIDS, Tuberculosis and Malaria has approved grants for the first applicants to participate in a new funding model that is dramatically expanding support for countries fighting these infectious diseases," a Global Fund press release reports. "The grants, totaling $622 million, are ready to be implemented," the press release notes, adding, "They embody a new approach to funding, with greater predictability, improved interaction among partners and swifter implementation. The new funding model is designed to make more effective grants, with greater impact, so that more people can benefit from prevention, care and treatment of AIDS, TB and malaria" (6/19).

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