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Topic: Global Fund

	Global Opportunities Fund Foreign & Commonwealth Office
		The purpose of GOF is to promote action on global issues in areas of strategic importance to the UK (see Counter Terrorism).
		Funding decisions are taken at special boards chaired by the Programme Team Manager throughout the year, attended by FCO Departments, DFID, British Council and, where appropriate, Non-Governmental Organisations (NGOs).
		In order to ensure the Programme makes an impact, funding for other countries would have to be for projects that are designed to have a clear regional impact on climate change or energy policy, or have a global demonstration value.
	www.fco.gov.uk /servlet/Front?pagename=OpenMarket/Xcelerate/ShowPage&c=Page&cid=1059131211423 (580 words)

	Institutional fund management - Encyclopedia.WorldSearch (Site not responding. Last check: 2007-10-31)
		The skill of the successful fund manager consists in constructing the asset allocation, and separately the individual holdings, so as to outperform the peer group of competing fund management organisations, and the bond and stock indices (appropriate to the client's objectives and preferred style).
		Fund performance is the acid test of fund management, and in the institutional context accurate measurement a sine qua non.
		For that purpose, institutions measure the performance of each fund (and usually for internal purposes components of each fund) under their management, and performance is also measured by external firms that specialise in performance measurement.
	encyclopedia.worldsearch.com /institutional_fund_management.htm (1791 words)

	Global Fund To Fight AIDS, Tuberculosis, and Malaria
		If resources generated by the Global Fund are not treated as additional, but replace monies from another source, it will not have the expected impact on the three diseases.
		Priority for funding is given to proposals from countries and regions with the greatest need, including the highest burden of disease and poverty, and those at high risk for disease emergence.
		The Fund is committed to the highest standards of financial and programmatic accountability and has established a Board committee on monitoring and evaluation to include financial accountability and audit responsibility.
	www.state.gov /r/pa/prs/ps/2002/15583.htm (893 words)

	Global Fund to Fight AIDS, TB and Malaria
		Donors will need to double their contributions to the Global Fund to Fight AIDS, TB and Malaria next year in order to meet the anticipated increase of quality health programs offering effective responses to the epidemics, according to financial projections released by the organization today.
		Today, the Global Fund disclosed that approximately $5.2 billion is being requested of the Global Fund from second round proposals that have meet initial eligibility criteria.
		The Global Fund to Fight AIDS, TB and Malaria is an independent, public-private partnership established in 2002 that is working to attract significant new resources to fight AIDS, tuberculosis and malaria, and then to innovatively manage and disburse these funds to effective prevention and treatment programs in countries with greatest need.
	www.phrusa.org /campaigns/aids/release101102.html (935 words)

	Prudent Bear Funds, Inc. - Prudent Global Income Fund - Overview (Site not responding. Last check: 2007-10-31)
		The fund is similar to many international bond funds but there are a number of important differences.
		The fund's investments in gold mining companies primarily include those already mining gold (senior producers) as opposed to exploration or "junior companies." The fund generally seeks those gold stocks paying dividends.
		The Prudent Global Income Fund invests in gold and gold stocks which may be subject to substantial price fluctuations over short periods of time and may be adversely affected by unpredictable international monetary and political developments.
	www.prudentbear.com /funds_pshfund.html (307 words)

	Politics and Policy \| Global Fund To Begin New Funding Round in March; U.S. Cuts 2005 Contribution to Fund - ...
		U.S. officials lobbied for the delay primarily because of what HHS estimated as a $285 million shortfall for the fund in needed funding for grants, as well as administrative, staffing and portfolio management expenses.
		Global Fund Executive Director Richard Feachem in October said that the fund faces a "critical year" in 2005 because of funding shortfalls and might not be able to award new grants (
		An additional $1.4 billion is needed to renew existing grants, according to a Global Fund release.
	www.kaisernetwork.org /daily_reports/rep_index.cfm?hint=1&DR_ID=26821 (772 words)

	Global Fund faces bankruptcy (Site not responding. Last check: 2007-10-31)
		Activists said that the Global Fund would be bankrupt before its third round of grants, scheduled for October this year and expected to disburse funds totaling U$1,6 billion.
		The Global Fund is a multilateral financing mechanism that so far has committed $1,5 billion in funding for 93 programmes in developing countries.
		Lynch said the unspent 10 billion euros in the European Development Fund was a further indication of the indifference of wealthy countries to the fate of the Global Fund and of people living with HIV.
	www.mrc.ac.za /aids/august2003/globalfund.htm (440 words)

	Global AIDS Alliance - Backgrounder on the Global Fund (Site not responding. Last check: 2007-10-31)
		The budget that President Bush has proposed for 2006 includes an increase in funding for international programs, but this does not mean that the US will give its full contribution to the Global Fund to Fight AIDS, TB and Malaria.
		The amendment urges the Senate to not allow any funding for humanitarian programs to be reduced in order to finance this increase for the Global Fund.
		The Fund requires governments to engage with civic groups, and it gives these groups opportunities to build greater leverage in dealing with their governments and making health systems work better.
	www.globalaidsalliance.org /Global_Fund_backgrounder.cfm (557 words)

	Global Health Council - The Global Fund
		The goal of the Fund is to reverse the spread of HIV/AIDS and other infectious diseases and reduce the consequences of these illnesses between now and 2010.
		The Global Fund to Fight HIV/AIDS, TB and Malaria is currently being established with the direction of the Technical Support Secretariat (TSS) and the Transitional Working Group (TWG).
		The purpose of the Fund is to attract, manage and disburse additional resources through a new public-private partnership that will make a sustainable and significant contribution to the reduction of infections, illness and death, and thereby mitigate the impact caused by HIV/AIDS, tuberculosis and malaria in countries in need.
	www.globalhealth.org /view_top.php3?id=138 (763 words)

	Global Envirnonment Fund
		Global Environment Fund has assembled a team of internationally experienced investment professionals with complementary backgrounds and specialized skills in private equity, project finance, legal structuring, corporate governance, environmental technologies and business enterprise development.
		He is also currently Chairman of the Board of Beacon House Community Ministry, a not-for-profit organization dedicated to improving the lives of children and their families in northeast Washington, D.C. Dr. Leonard received a BA (magna cum laude) from Harvard College, an MSc from the London School of Economics and a PhD from Princeton University.
		She joined GEF in September 2001 as the Corporate and Fund accountant and is a Certified Public Accountant.
	www.globalenvironmentfund.com /team.cfm (2865 words)

	NPI - Global Care (Site not responding. Last check: 2007-10-31)
		Global Care invests in industries which offer solutions to environmental and social problems, such as healthcare, education, telecommunications, recycling, pollution control and renewable energy.
		Global Care also invests in companies in sectors such as finance and manufacturing, that are seeking to improve their social and environmental performance.
		In February 2004 the Global Care funds which the NPI life and pensions products are invested into were re-branded as Henderson Global Care.
	www.npi.co.uk /globalcare (289 words)

	Global Health Council - Global AIDS Fund Cash Shortage
		Representatives of countries contributing to a fund to support the global struggle against AIDS and other diseases that are ravaging the developing world met in Paris today but made little progress toward easing a cash crisis expected later this year.
		The United States secretary of health and human services, Tommy G. Thompson, the chairman of the fund's board, said that approval of projects costing $1.6 billion were pending at the Geneva-based Global Fund to Fight AIDS, Tuberculosis and Malaria.
		Roughly 40 percent of them, costing $750 million, would likely be approved when the fund's directors meet in October, he said, yet only $400 million has been pledged.Addressing a one-day conference, which accompanied the International AIDS Society Conference in Paris this week, Mr.
	www.globalhealth.org /news/article/3320 (265 words)

	TheStreet.com: Fund Openings, Closings, Manager Moves: H&Q Plans Global Tech Fund
		The offering statement says that while the fund is looking for highflying technology issues, it will also use a valuation model to determine whether or not to buy them.
		Its holdings of small- and mid-sized companies left it particularly vulnerable during the market selloff of the last few weeks, and it's near the bottom for performance of the mid-cap growth lot with a negative 26.7% return while the category is off by just 6.3%.
		His 16 years on the fund were second only to the 17 years Marc Klee and Barry Gordon have given to running John Hancock Technology.
	www.thestreet.com /funds/funds/922895.html (668 words)

	Global Disease Fund Focuses on Tuberculosis (Site not responding. Last check: 2007-10-31)
		Fund managers will also strive to insure that the programs receiving this support are using the most effective methods for detecting and treating the disease.
		The Global Fund to Fight AIDS, Malaria and Tuberculosis is at the forefront of the battle against TB.
		The Fund is committed to ensuring that programs receiving assistance use the most effective methods for detecting and treating tuberculosis.
	japan.usembassy.gov /e/p/tp-20030325b9.html (649 words)

	Oxfam Press Release: Global Fund in danger of delivering little more than false hope, says Oxfam International (Site not responding. Last check: 2007-10-31)
		The Global Fund to Fight HIV/AIDS, TB and Malaria was set up last year to tackle the diseases which kill about 5 million people every year.
		In the first round, the Fund has been overwhelmed by 300 proposals for funding totalling $5 billion – more than twice the money that had been donated to the Fund so far.
		The Global Fund was supposed to cut through the international apathy and provide hope for the millions of men, women and children living with HIV/AIDS in the developing world.
	oxfam.co.uk /press/releases/globalfund.htm (555 words)

	USAID Health: HIV/AIDS, Funding,Global Fund, Background
		The new Global Fund to Fight AIDS, Tuberculosis, and Malaria was established in 2002 to dramatically increase available resources to fight three of the world's most devastating diseases and to rapidly direct those resources to effective prevention, care, and treatment programs in the areas most urgently in need of assistance.
		The Global Fund is an independent public-private partnership that will share resources and expertise among countries and between the public and private sectors with the goal of reducing infection, illness, and death due to HIV/AIDS, tuberculosis, and malaria.
		Resources disbursed by the Global Fund are focused on the most vulnerable communities with the greatest disease burden.
	www.usaid.gov /our_work/global_health/aids/Funding/FactSheets/gfsheet.html (538 words)

	Aidspan - Global Fund Observer Contents by Date (Site not responding. Last check: 2007-10-31)
		And the UK has doubled its Global Fund pledge for 2005-7; but despite major new commitments for AIDS in general, the UK is only giving ten percent of its AIDS expenditure to the Fund.
		The Global Fund Secretariat is developing an “early warning system” to identify grants that are at risk of not being renewed at the end of Year 2.
		The Global Fund offers promises and hope for many, but a view from the field in Latin America and the Caribbean indicates that when it comes to antiretroviral treatment access, the complications are many and the promises offered by the Fund are slow to be fulfilled.
	www.aidspan.org /gfo/archives/newsletter (5142 words)

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		The fund, which has committed US $1.5 billion to programmes in 92 countries in the last 18 months, faces a lack of money for proposals waiting to be funded in October.
		The "International Meeting to Support the Global Fund" was attended by ministers and senior officials from donor governments, parliamentarians, corporate representatives, leaders of foundations and NGOs, and representatives of grant recipients.
		According to analysts from the Global Fund Observer, an NGO providing analysis and commentary on the fund, the underlying theme of all discussions was "the fact that the fund has not yet been provided by donors with enough money".
	irinnews.org /AIDSreport.asp?ReportID=2276&SelectRegion=Southern_Africa (632 words)

	U.S. Challenges Other Donors to Support Global Disease Fund - US Department of State
		U.S. Global AIDS Coordinator Randall Tobias is challenging other donors to increase their contributions to the Global Fund to Fight AIDS, Tuberculosis and Malaria.
		Tobias said in the letter that he is deferring action until September 30 "for the purpose of creating a new incentive opportunity for the Global Fund to generate new and unanticipated contributions." If other donors boost their contributions to the fund, the U.S. share could grow up to the full amount approved by Congress.
		Funds withheld because of the 33 percent cap - if any - will then be subject to a provision in statute that allows me to use them at my discretion, a so-called "kick-out" clause.
	usinfo.state.gov /gi/Archive/2004/Aug/20-550748.html (1670 words)

	Human Services Secretary Tommy Thompson Chosen to Chair Global Fund (Site not responding. Last check: 2007-10-31)
		The current chairman of the board of the fund is Chrispus Kyonga, the former health minister of Uganda.
		The fund was set up in 2001 as a kind of global war chest against the three infectious diseases by the United Nations and the G8 group of industrialized nations.
		As of December 2002, the fund had collected $2.15 billion in pledges from governments, corporations, foundations and individuals.
	www.healthgap.org /press_releases/a03/013003_Reut_Thompson_GFATM.html (471 words)

	PND News - U.S. Objections Stall Global AIDS Fund Disbursements
		As a result, Fund officials are scrambling to create procurement, administrative, auditing, and other systems in each of the forty developing countries where the Fund has awarded grants, while working overtime to fill its own staff positions.
		While the Fund initially tried to negotiate with the World Bank to assume responsibility for the distribution of funds raised under its banner, bank officials' insistence that they be consulted on project selection and implementation decisions proved to be a deal breaker for both the Fund and the U.S. government, its largest donor.
		To date, the Fund has approved fifty-eight projects, ranging from improving access to AIDS drugs and promoting the use of condoms to increasing the use of mosquito nets, in an effort to combat the three diseases, which collectively kill six million people a year.
	fdncenter.org /pnd/news/story.jhtml?id=10700019 (460 words)

	PND News - Global Fund Could Go Broke, Study Warns
		According to the study by the General Accounting Office, the Geneva-based Global Fund has made two rounds of grants in the eighteen months since it was established but lacks the funds for a third round scheduled for October.
		Fund officials estimate that paying for already approved grants and financing new ones will require $1.7 billion in contributions this year and and an additional $3.3 billion in 2004.
		"The Global Fund's ability to continue the effort, and refine on these initial phases, is compromised by the lack of support from President Bush," said Paul S. Zeitz, executive director of the Global AIDS Alliance.
	fdncenter.org /pnd/news/story.jhtml;jsessionid=Z5H2NVWOQQK0YP5QALRSGXD5AAAACI2F?id=32900042 (363 words)

	Health GAP: Funding for AIDS
		The Global Fund, meeting this week in Arusha, Tanzania, was scheduled to announce a fifth round of grants during the meeting, but postponed receiving new proposals until March, 2005 with new awards being announced in September.
		The activists are holding a global protest and march on the opening day of the conference to demand accountability from heads of states, agencies, and individuals obstructing or failing to effectively address the gaps and inequities in HIV/AIDS treatment access, and demand real access for all.
		At the 8th Board Meeting of the Global Fund to Fight AIDS, Tuberculosis and Malaria June 28-30 in Geneva, donor countries who sit on the Board prevented the timely, fully financed launch of the next "Call for Proposals" for Global Fund financing--the 5th Round of grants.
	www.healthgap.org /camp/funding.html (2179 words)

	USAID Health: News/Info, Global Fund Commits $968 Million to New Grants
		The Fund relies on the work being done by bilateral agencies such as USAID and the Center for Disease Control and Prevention, which provide invaluable technical and program assistance to help build the capacity needed to implement Global Fund programs.
		This fourth round of grant approvals since the Global Fund was established in 2002 brings the total Global Fund two-year commitments for all four rounds of funding to $3 billion for 307 grants in 128 countries and two regions.
		In January 2004, the Global Fund issued its fourth call for proposals for grant funding with an application deadline of early April 2004.
	www.usaid.gov /our_work/global_health/home/News/globalfund.html (555 words)

	allAfrica.com: PanAfrica [analysis]: Applause For Bush HIV/Aids Speech; Concern For Global Fund
		The Global Fund encourages "the most effective players to work together to get the job done on the front lines of the epidemics," said Richard Feachem, executive director of the Fund at the conclusion of a Fund board meeting in Geneva last week.
		The Bush administration gives the Global Fund the task of showing results, complains Salih Booker of the advocacy group Africa Action, but isn't giving it the means.
		According to the Global Aids Alliance, White House arm-twisting forced postponement of Senate markup -- a sometimes closed committee session where a piece of legislation is readied for the floor -- of a bill authorizing $2.5bn for the global aids fight in FY 2004.
	allafrica.com /stories/200302100222.html (1606 words)

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