Three-way partnership aims to improve impact and effectiveness of vital efforts to eradicate deadly infectious diseases around the world.
ACCA (the Association of Chartered Certified Accountants), Gavi (The Vaccine Alliance) and the Global Fund have signed a Memorandum of Understanding (MoU) aimed at improving the management of public money spent on fighting infectious diseases in lower and middle-income countries.
The three organisations have agreed to work together to help countries improve transparency, sustainability and accountability in their public finance management (PFM) systems.
This collaboration aims to support Gavi and The Global Fund recipient countries in strengthening the planning, budgeting, tracking, and reporting of health spending—including enhancing budget oversight mechanisms—by improving the skills, standards, and capacities of their respective personnel driving the use of country systems. Ultimately, it seeks to enable countries to build more robust public financial management systems that are critical to the sustainable delivery of immunization, HIV, TB, and malaria outcomes.
Helen Brand, chief executive of ACCA, said: ‘We’ll be working with Gavi and the Global Fund to provide training and education resources and to share expertise in planning and systems based on insights from our quarter of a million members across 180 countries.
‘Strong and ethical approaches to public finance are crucial to the effectiveness of programmes to fight disease and will ultimately lead to reduced deaths and improved health for many individuals, which will have positive impacts for societies and economies.’
Francois Note, CFO of Gavi (The Vaccine Alliance) said: ‘Building Country systems remains a key strategic objective of Gavi. Our investment in such a capacity building initiative goes a long way in demonstrating our commitment to strengthening and effectively using country systems to reduce fiduciary and financial management risk. This while meeting our core objective of leaving no child behind’.
Adda Faye, Chief Finance Officer of The Global Fund, said: ‘We raise and invest more than US$5 billion a year to fight HIV, TB and Malaria and strengthen health systems. This partnership underscores our commitment to fostering sustainable development and improving financial transparency. Together, we aim to empower countries with robust financial systems that will drive positive change and ensure efficient use of resources.
‘We believe that by working hand in hand with partners like ACCA and Gavi, we can save lives and dramatically change the course of HIV, TB and Malaria.’
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About ACCA
We are ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body providing qualifications and advancing standards in accountancy worldwide.
Guided by our purpose and values, our ambition is to lead the accountancy profession for a changed world. Partnering with policymakers, standard setters, the donor community, educators and other accountancy bodies, we’re strengthening and building a profession that drives a sustainable future for all.
Find out more at: www.accaglobal.com
About Gavi – The Vaccine Alliance
Gavi, the Vaccine Alliance helps vaccinate more than half the world’s children against deadly and debilitating infectious diseases.
As part of its mission to save lives and protect people’s health by increasing equitable and sustainable use of vaccines, Gavi has helped vaccinate more than 1.1 billion children in 78 lower-income countries, preventing more than 18.8 million future deaths.
Find out more at: www.gavi.org
About the Global Fund
The Global Fund is a worldwide partnership to defeat HIV, tuberculosis (TB) and malaria and ensure a healthier, safer and more equitable future for all. We raise and invest more than US$5 billion a year to fight deadly infectious diseases, challenge the injustice that fuels them, and strengthen health systems and pandemic preparedness in more than 100 of the hardest hit countries.
We unite world leaders, communities, civil society, health workers and the private sector to find solutions that have the most impact, and we take them to scale worldwide. Since 2002, our partnership has saved 65 million lives.
Find out more at: www.theglobalfund.org
