The Global Fund makes many grants (over
300 to date representing $3.5 billion). Some don't perform. Global Fund staff monitor grant progress, and if things don't proceed, they stop the grant.
The most recent high-profile example is this week's termination of a $36 million package of grants to Myanmar. In canceling the grants, the Global Fund issued both a
press release and a detailed
five-page factsheet describing the situation.
There is a maxim in grant programs that if some grants don't go bad, you're not doing your job. The Global Fund, to its credit, publicizes failed grants along with successful ones, allowing other donors and grant recipients to learn from their circumstances.