Global Fund: Donors Pledge US$12 Billion
The Global Fund said that donors at the launch of its Fourth Replenishment meeting pledged US$12.0 billion for the next three years, “the largest amount ever committed to fight against AIDS, tuberculosis and malaria.” The contributions announced include commitments from 25 countries, as well as the European Commission, private foundations, corporations and faith-based organizations. Among the ledges mage included:
:: The United States pledged US$4 billion, although that could rise as additional pledges are made by other donors, up to a maximum of US$5 billion.
:: The Government of Japan announced a contribution of US$800 million.
:: Canada announced that it is contributing US$612 million to the Global Fund for the 2014-2016 period.
:: Germany announced it is signing a binding agreement to contribute €600 million to the Global Fund for 2014-2016, consistent with an earlier pledge.
:: In recent months, France, the United Kingdom and Nordic countries also announced large new commitments to the Global Fund.
:: Bill Gates announced on Monday that the Bill & Melinda Gates Foundation is committing up to US$500 million to the Global Fund for the 2014-2016 period. This includes US$300 million previously announced and up to US$200 million in new money that will be used to match other donor commitments.
:: (RED) said that it is contributing US$40 million over the next two years.
:: Other companies and faith-based organizations also made significant pledges, including Chevron, BHP Billiton, Vale, Ecobank, Takeda Pharmaceutical Company and the United Methodist Church.
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