Tuesday, March 2, 2010
Anna F. Triponel (Jones Day) has posted on SSRN Global Fund to Fight Aids, Tuberculosis and Malaria: A New Legal and Conceptual Framework for Providing International Development Aid. Here is the first part of the Abstract:
Over the past decade, the development community has witnessed the unprecedented proliferation of innovative mechanisms designed to fund specific global issues. Usually initiated as partnerships between governments, intergovernmental organizations, the private sector, and civil society, these funding instruments address global public goods such as health, environment, and microfinance. These include the Consultative Group on International Agricultural Research, the Global Environment Facility, the Consultative Group to Assist the Poor, the GAVI Alliance, the Education for All – Fast Track Initiative, and the Global Fund to Fight AIDS, Tuberculosis and Malaria (the Global Fund).
The appearance of these multilateral funding mechanisms on the international scene has changed the understanding of development. This creation of new vehicles for development funding has also resulted in increased scrutiny of the ways these programs operate to draw lessons for the creation and management of subsequent programs. This article presents the key innovative features of the Global Fund and how these have adapted to changing circumstances since its creation in 2002.