Global Fund Donors Pledge Nearly $13 Billion to End AIDS, TB and Malaria by 2030

Money raised by the Global Fund to Fight AIDS, Tuberculosis and Malaria has saved 20 million lives since 2002 with antiviral drugs, but the fight is not over.

In the fight to eradicate AIDS, malaria and tuberculosis by 2030, the Global Fund has raised over $12.9 billion from international donors as part of the campaign.

Canadian Prime Minister Justin Trudeau announced at an international conference that donors have pledged nearly $13 billion in the fight to eradicate AIDS, tuberculosis, and malaria by 2030. “It is my great honor to announce that for the fifth replenishment conference for the Global Fund to end AIDS, tuberculosis, and malaria, we have reached our goal together.”

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‘The goal of the Global Fund is to raise $13 billion to help save an estimated eight million lives while preventing 300 million new infections by 2019.’

Faith-based and private-sector partners to raise a total of $13 billion at a donor conference in Montreal to support its activities over the next three years, starting in 2017. The conference witnessed several heads of state, singer Bono and Microsoft Corp co-founder and philanthropist Bill Gates.

"We can declare success for we have saved the lives of 8 million people in the coming years. The attention generated by the conference has ensured that the donations are going to continue to flow in during the coming weeks and months,” said the Prime Minster.

The three deadly diseases - AIDS, malaria and tuberculosis- are believed to kill more than 8,000 people a day. The Global Fund established in 2002 is the world's largest campaign aimed at eradicating the three diseases.

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"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 Mark Dybul, the fund's executive director.

“We are the generation that can keep these diseases under control. We are on the right side of the tipping point. But the thing about tipping points is they can go in either direction, and these next three years will be essential to maintain the trajectory to get to the end of TB and malaria and the control of HIV,” said Dybul.

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Over the past decades, the Global Funds has been credited with helping to save 22 million lives and preventing 300 million infections. About $13 billion was needed to funds its operations over the next three years through 2019.

The United States has pledged $4.3 billion, which is nearly a third of the total funding being the first largest donor. Britain is the second largest donor pledged $1.4 billion, followed by France ($1.2 billion), Germany ($900 million), Japan ($800 million) and Canada ($600 million).

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Source-Medindia