The Global Fund
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| Founded | January 28, 2002 (first Board of Directors meeting) |
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| Focus | Preventing and treating HIV and AIDS, tuberculosis and malaria |
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Key people
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Marijke Wijnroks, (Interim Executive Director) |
| Mission | Investing the world’s money to defeat AIDS, tuberculosis and malaria |
| Website | www |
The Global Fund to Fight AIDS, Tuberculosis and Malaria (or the Global Fund) is an international financing organization that aims to "[a]ttract and disburse additional resources to prevent and treat HIV and AIDS, tuberculosis and malaria." A public–private partnership, the organization has its secretariat in Geneva, Switzerland. The organization began operations in January 2002.Microsoft founder Bill Gates was one of the first private foundations among many bilateral donors to provide seed money for the project.
The Global Fund is the world's largest financier of anti-AIDS, TB and malaria programs. As of July 2016, the organization had disbursed $30 billion to countries and communities in need. According to the organization, it has financed the distribution of 659 million insecticide-treated nets to combat malaria, provided anti-tuberculosis treatment for 15,1 million people, and is supporting 9.2 million people on antiretroviral therapy for AIDS.
The Global Fund is a financing mechanism rather than an implementing agency. This means that monitoring of programs is supported by a Secretariat of approximately over 700 staff (as of end 2015) in Geneva. Implementation is overseen by Country Coordinating Mechanisms, committees consisting of in-country stakeholders that need to include, according to Global Fund requirements, a broad spectrum of government, NGOs, UN, faith-based, private sector and people living with the disease. This has kept the Global Fund Secretariat smaller than other international bureaucracies, yet it has also raised concerns about conflict of interest, as some of the stakeholders represented on the CCMs may also receive money from the Global Fund, either as Principal Recipients, Subrecipients, private persons (e.g. for travel or participation at seminars) or contractors.
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