Germany Boosts Contribution to Global Fund

Germany Boosts Contribution to Global Fund

The Global Fund to Fight AIDS, Tuberculosis and Malaria has announced that Germany has increased its 2014-16 contribution to the fund to €245 million ($328 million).

At the end of December 2012, Germany pledged €200 million ($267.7 million) to the fund for 2014 as part of its total commitment of €600 million ($803.4 million) for the 2014-2016 period. Having finalized its budget for 2014, the country decided to add €45 million ($60.2 million) to its overall contribution, representing an increase of more than 20 percent for 2014. The German contribution also triggers $30 million in additional funding from the United States, which matches contributions by other donors to the fund.

Donor pledges to the fund in December 2013 totaled $12 billion for the 2014-16 period. The German contribution, combined with the U.S. matching funds, increases the total to nearly $12.3 billion, the largest amount ever committed to the fight against AIDS, tuberculosis, and malaria. Since the Global Fund's creation in 2002, Germany has pledged and contributed more than $2 billion, making it one of the leading donors to the fund.

"We are deeply thankful for the unwavering support the German people have shown in the fight against these deadly diseases from the very early days," said the fund's executive director, Mark Dybul. "The continuous commitment of our German partners will allow us to save millions of lives and reach the most vulnerable and marginalized populations."

"Global Fund Welcomes Germany’s Increased Contribution." Global Fund to Fight AIDS, Tuberculosis and Malaria Press Release 07/31/2014.