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Conference Survey on Private Sector Engagement with the Global Fund. Anna Thompson-Quaye, GBC/Focal Point Private Sector Delegation. October 12, 2010. Objectives and Company Profiles. 28 companies- primarily workshop participants
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Conference Survey on Private Sector Engagement with the Global Fund • Anna Thompson-Quaye, GBC/Focal Point Private Sector Delegation • October 12, 2010
Objectives and Company Profiles • 28 companies- primarily workshop participants • Objective: understand challenges working on Global Fund programs and to identify existing opportunities for future partnerships with the Global Fund • Respondents represent national and multinational companies • Industries represented: pharmaceutical, banking, mining, oil and gas and manufacturing
Current Engagement with the Global Fund • Co-investment and joint partnerships • Innovative financing: (RED), UAM, Gift from Africa etc. • Provision of in kind services • Sub-reciepients on Global Fund grant • Member of the Private Sector Constituency and Delegation to the Global Fund Board • Member of the Country coordinating mechanism (CCM) • Corporate Champion • Twenty percent of respondents do not have a relationship with the Global Fund
Provision of technical assistance/critical core competencies • Monitoring and Evaluation • Program management • Procurement • Supply chain management • Communications • Transportation • Information Technology
Challenges/Potential Barriers • Private sector seen as profit seeking and a “money pot” • Perceived conflict of interest • Minimal involvement with in country planning and grant cycle • Lack of knowledge about Global Fund mechanism • Lack of understanding of private sector approach and how to work with businesses • Global Fund mandate not clearly aligned with corporate social responsibility strategies
Key Takeways • Companies are engaged in more than 5 different mechanisms with the Global Fund • Opportunities for partnerships: utilize core competencies through provision of in kind services, governance at the CCM and global level (PSD) to address programming gaps • Align business action and corporate investments with global and national initiatives • Leverage existing forums and mechanisms (eg. GBC conferences, PSD, CCM etc.) to bridge knowledge gap between private sector, the Global Fund and GF in country partners