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U.K. Will Disburse Full Global Fund Pledge Only If Certain Benchmarks Met, Devex Reports

Devex: U.K. attaches strings to $1.4B Global Fund pledge
“The United Kingdom’s contribution to the Global Fund to Fight AIDS, Tuberculosis and Malaria comes with strings attached: The country will withhold 10 percent of its pledge if the Global Fund fails to meet 10 benchmarks for improvement. The unprecedented move takes the U.K. Department for International Development’s payment by results agenda — through which organizations receive funding only after achieving impact — to the multilateral stage…” (Anders, 9/19).