The Global Fund to Fight AIDS, Tuberculosis and Malaria has announced a new commitment of more than $1.3 billion from Germany.
Announced at the World Economic Forum in Davos, the €1 billion commitment will enable the Global Fund to continue its efforts to prevent and treat the diseases in developing nations and advance progress on health-related Millennium Development Goals. The commitment represents a continuation of Germany's initial pledge to the fund of €200 million a year over five years, through 2016.
Sustained funding from donor nations coupled with contributions from local governments has allowed developing countries to step up their fight against the three highly infectious diseases. With support from the Global Fund, HIV transmission rates are falling, TB mortality has declined by more than a third since the 1990s, and insecticide-treated bed nets are being used to protect millions of families from malaria.
"We can defeat AIDS, tuberculosis, and malaria," said Global Fund executive director Mark Dybul. "We need funding to get it done. We are at a critical moment for funding, and we need a big push this year."