Global Fund announces funding goal of US$15 billion for 2014-2016 period

   The Global Fund to Fight AIDS, Tuberculosis and Malaria announced a goal of raising US$15 billion in the 2014-2016 period “so that it can effectively support countries in fighting these three infectious diseases. The Global Fund said it “is determined to accelerate the gains achieved in recent years against AIDS, TB and malaria through strategic investment in programs that can save millions of lives and tens of billions of dollars in future costs. While acknowledging the challenging fiscal environment in many countries, the Global Fund and its partners point to the remarkable value for money that investing in health provides.” Mark Dybul, Executive Director of the Global Fund, said, “We have a choice: we can invest now or pay forever.  Innovations in science and implementation have given us a historic opportunity to completely control these diseases. If we do not, the long-term costs will be staggering.”

The Global Fund convened a donor’s conference in Brussels on 9 and 10 April to present an overall needs assessment for the 2014-2016 period and an update on results and impact from recent years. Donors were invited to a once-every-three-years pledging conference, known as the Global Fund’s Fourth Replenishment, in late 2013.
08 April 2013
Full media release here: http://www.theglobalfund.org/en/mediacenter/newsreleases/2013-04-08_Global_Fund_Targets_USD_15_Billion_to_Effectively_Fight_AIDS_TB_and_Malaria/