Global Fund Receives Nearly $13 Billion in Pledges

Global Fund Receives Nearly $13 Billion in Pledges

The Global Fund to Fight AIDS, Tuberculosis and Malaria has announced donor pledges totaling $12.9 billion for the next three years.

Announced at the Global Fund's Fifth Replenishment conference in Montreal, which raised nearly $1 billion more than the previous conference in 2013, the funds are expected to save eight million lives, avert three hundred million infections, and help build resilient, sustainable public health systems in the developing world.

The United States topped the list of pledges with $4.3 billion, approximately one-third of the total. It was followed by the United Kingdom, which pledged $1.3 billion, and France, which pledged $1.2 billion and retained its status as the second-largest donor to the Global Fund overall. Other major donors included Germany, which pledged $893.3 million, a 33 percent increase; Japan ($800 million, a 46 percent increase); Canada ($611.3 million, a 23 percent increase); and the European Commission ($530 million, nearly a 30 percent increase).

In addition, several low- and middle-income countries, including Kenya with a pledge of $5 million, significantly increased their commitments, while the Bill & Melinda Gates Foundation pledged $600 million. Pledges from private donors and innovative financing initiatives for the coming three years topped the $250 million mark, more than double that raised in the previous replenishment cycle.

"We have the knowledge and tools to end HIV, TB and malaria as epidemics by 2030, but we need to invest smartly and with focus to make it happen," said Global Fund executive director Mark Dybul. "When we work together, we can achieve more than anyone dreamed possible."

"Global Fund Donors Pledge Nearly $13 Billion to Help End Epidemics." Global Fund to Fight AIDS, Tuberculosis and Malaria Press Release 09/17/2016.