Meaning Vertical fund
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Vertical fund


an emerging source of global development finance that is vertically earmarked towards a single issue, such as fighting HIV-AIDS, malaria or tuberculosis, rather than horizontally towards a programme area, such as building better health care systems. Since the late 1990s and the arrival of the Global Fund to Fight AIDS, tuberculosis and malaria, the [..]
Source: halifaxinitiative.org (offline)




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