PlusNews examines recently approved grants under Global Fund's Transitional Funding Mechanism

Sep 6 2012

PlusNews examines the recently approved grants under the Global Fund to Fight AIDS, Tuberculosis and Malaria's Transitional Funding Mechanism (TFM), stating, "Last week, the Fund announced that 45 new grant applications, from countries such as Burundi, Malawi and Swaziland, have been approved under the TFM." The news service notes, "Almost 25 percent of this combined total will go towards [tuberculosis (TB)], which represents a significant increase from the average 16 percent of funds allocated for TB since the Global Fund was created in 2002, according to a StopTB Partnership statement released in response" to the fund's announcement. PlusNews notes, "Unlike regular grants, which can run for up to five years, those awarded under the TFM will be limited to two years, by which time the fund is expected to have launched its new funding model" (9/4).