Key question: Do we have the mechanisms in place to scale up external funding for data and to accelerate innovation & learning?

Challenges in meeting complex investment needs Insufficient operational knowledge & capacity, so finance must: Generate quality demand at scale Stimulate innovation in design and execution Propagate learning Ensure rigorous M&E; consider performance-based payments

Some lessons from the Global Fund to Fight HIV/AIDS, Tuberculosis and Malaria Transparent, independent evaluation of proposals reconciled country ownership with adherence to best practice Rising share of blending: (PRODUCT)RED, co-investments by private philanthropy, market-maker for drugs & commodities Mobilization of stakeholders proved critical Transparent, performance-based use of resources Rapid innovation, learning, and propagation of operational experience, e.g. through: Funding windows Disbursements to multiple groups Presence in all “operating environments”