The Global Fund to Fight AIDS, Tuberculosis and Malaria recently raised $12.2 billion for its work between 2014 and 2016, the most ever committed to fighting these diseases. Beyond raising money, the Global Fund is extracting more value from its investments by transforming its procurement and fostering a healthy marketplace for lifesaving commodities.
About half of Global Fund grants go toward purchases of health products, equipment and services. Nearly $600 million is spent annually on drugs. Another $500 million is spent on other needs – from insecticide-treated bed nets to diagnostics and laboratory equipment. By leveraging its purchasing power and emphasizing its role in the sourcing of core health products, the Global Fund is reshaping markets and providing a greater return on its own and donors’ investments. The ...more