UCF Global Perspectives

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Global Fund Raises $12.9 Billion to End Epidemics

Lauren Gandy, Intern, Global Health

September 21, 2016

In Montréal on September 17, the Global Fund to Fight AIDS, Tuberculosis and Malaria (GFFATM) raised US$12.9 billion from international donors (CCTV 1; Reuters). Hosted by the AIDS Healthcare Foundation (AHF) and Canadian Prime Minister Justin Trudeau, the Global Fund 5th Replenishment Conference welcomed significant contributions from several key donors (GF; Reuters). This included the U.S. with $4.3 billion, U.K. with £1.1 billion, and France with €1.08 billion (GF; Reuters). Several middle-income and low-income countries also pledged support, such as Kenya and South Africa, each pledging US$5 million (GF).

Since 2015, AHF has campaigned to ensure the success of this replenishment round, targeting countries such as Germany, Japan and China (BW; GF). Germany and Japan contributed US$894 million and €800 million respectively, a 33% and 46% increase when compared to their native currency (GF). According to AHF president Michael Weinstein, China has not pledged any support and the organization is urging the country to contribute the remaining US$100 million to reach the US$13 billion mark (BW). According to CCTV, Luo Zhaohui, Chinese Ambassador to Canada, was present at the 2016 GFFATM and announced Beijing’s commitment of US$15 million, indicating another pledge was forthwith (CCTV 2).

 

Sources:

http://www.theglobalfund.org/en/news/2016-09-17_Global_Fund_Donors_Pledge_Nearly_$13_Billion_to_Help_End_Epidemics/

http://english.cctv.com/2016/09/19/VIDEmxZf88tHTgfarVscLPqs160919.shtml

http://www.businesswire.com/news/home/20160918005049/en/AHF-Lauds-Donors-Pledging-13-billion-Global

http://www.reuters.com/article/us-health-aids-fundraising-idUSKCN11N0PB

https://www.cctv-america.com/2016/09/17/world-leaders-raise-13b-to-fight-aids-tb-malaria

 


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