Milestones :: Perspectives :: Research
Global Fund Donors Pledge US$14 Billion in Fight to End Epidemics
10 October 2019
LYON, France – In an unprecedented show of global solidarity, donors at the Global Fund’s Sixth Replenishment Conference pledged US$14.02 billion for the next three years – the largest amount ever raised for a multilateral health organization, and the largest amount by the Global Fund. The funds will help save 16 million lives and end the epidemics of AIDS, tuberculosis and malaria by 2030.
President Emmanuel Macron of France electrified the conference with a stirring appeal to deliver the next generation a better and healthier world, fighting inequality and strengthening social justice. President Macron called on all partners to increase their commitments by at least 15% in order to reach the target of at least US$14 billion, and during the pledging session that followed, donors answered that urgent call to step up the fight – many making last-minute increases on top of their original pledges.
In a stunning final push to reach the US$14 billion target, President Macron joined Bill Gates to make increased commitments for the coming three-year period, announcing that they would each pledge an additional US$60 million on top of pledges announced earlier in the day. With just US$80 million to go, President Macron, Mr. Gates and Bono – pointing to the imperative of ending the epidemics by 2030 – committed to raise at least a further US$100 million during the replenishment period to achieve a total of over US$14 billion.
“Everyone in the room today felt the power of a global community coming together to say in one voice: ‘We will end these epidemics’,” said Peter Sands, Executive Director of the Global Fund. “We are tremendously grateful to President Macron for his incredible leadership over the past year. With the incredible support of partners and donors around the world, we succeeded in reaching over US$14 billion to help save 16 million lives.”…