The Global Fund held a special session of its board on September 26, 2011 to discuss Round 11 and recommendations made in the report of the High-Level Independent Review Panel on Fiduciary Controls and Oversight Mechanisms of the Global Fund to Fight AIDS, TB and Malaria. The Board officially adopted many of the recommendations made by the panel and also extended the deadline for submission of Round 11 applications from December 15, 2011 until at least March 1, 2012. The extended deadline affects applications to the general and targeted pools of funding, Second Wave National Strategy Applications and Health Systems Funding pilot platform. The decision to extend the deadline appears to stem from a forecasted funding shortfall for Round 11 with funds potentially unavailable until the fourth quarter of 2013. The level of available funding for Round 11 also dropped from $1.5 billion to only $0.8 billion. With the extended application deadline, the earliest that the Board would be likely to approve Round 11 grants is at its November 2012 Board meeting. In the meantime, the Board and the Secretariat will be examining the current Round 11 application and will consider ways of prioritizing high-impact interventions within existing commitments.
Given the complexities of the Global Fund application process, the extended deadline does give countries additional time to finely tune and hone their final applications.