Global Fund Welcomes Germany’s Increased Contribution
31 July 2014
Excerpt
GENEVA – The Global Fund to Fight AIDS, Tuberculosis and Malaria warmly welcomed a decision by the German parliament to increase Germany’s contribution to €245 million for 2014 in the budget for this year, reaffirming a strong commitment to global health.

At the launch of the Global Fund’s Fourth Replenishment last December, Germany had already announced a pledge of €200 million for this year as part of a total commitment of €600 million for the 2014-2016 period. By signing a Multi-Year Contribution Agreement that same month, Germany was able to provide the Global Fund with a predictable flow of resources to fight the three diseases.

With the 2014 budget now taking effect after its passage by parliament and signed into law by Federal President Joachim Gauck, the additional sum of €45 million can be added to the overall German contribution, representing an increase of more than 20 percent for 2014.
On top of that, the German contribution unlocks about US$30 million in additional contribution from the United States, which devised its pledge in a way that partially matches additional contributions by other donors…