EU - Health, support to the Global Fund 2017-2019
EU increases its contribution to the Global Fund to Fight AIDS, Tuberculosis and Malaria
The Global Fund is a public-private partnership and a global financial instrument to fight AIDS, Tuberculosis and Malaria. It is the single most important external financer of the health sector in many African countries. It has achieved significant progress in the fight against such diseases. Thanks to all this support, the Global Fund programs have helped save more than 17 million lives since 2002.
The EU announced the contribution of 470 million of euros to the Global Fund to Fight AIDS, Tuberculosis and Malaria for the period 2017-2019. The new funding represents an increase of 100 million of euros or 27% of the EU's contribution in comparison to previous years (370 million of euros for 2014-2016).
The announcement officially launches the pledging period towards the Global Fund replenishment conference, which is foreseen to take place later this year, to raise further funds by other international donors for the period 2017-2019. The Global Fund is seeking to secure pledges of 13 billion USD, with which they expect to save 8 million more lives and avert up to 300 million infections.