Global Funds

Global Funds

The Global Fund to Fight AIDS, Tuberculosis and Malaria, often called the Global Fund, was created in 2002 as an innovative financing mechanism that seeks to rapidly raise and disburse funding for programs that reduce the impact of HIV/AIDS, tuberculosis and malaria in low- and middle-income countries. The Global Fund is structured as a partnership between developed countries, developing countries, the private sector, civil society and affected communities.

Unlike many other donors, the Global Fund has adopted a model that provides funding to country governments and in-country stakeholders based solely on proposals and implementation plans designed by the countries themselves. As a result of its new approach, and its ability to raise funds, the Global Fund has rapidly become one of the most significant aid mechanisms. It now provides 20% of global funding for HIV/AIDS, and 66% of the funding for tuberculosis and malaria.

This paper provides a general overview of how the Global Fund works. Much more information is available on the Fund’s website.