Global Fund Meets Replenishment Target, Raises $14.02B In Pledges From Governments, Businesses, Philanthropists
Devex: Global Fund claims last-minute victory on $14B replenishment target
“The Global Fund to Fight AIDS, Tuberculosis and Malaria said it secured its $14 billion funding target at its replenishment conference Thursday, with the Bill & Melinda Gates Foundation and the French government upping their earlier pledges to get donors over the line. ‘We have today secured pledges and commitments for $14.02 billion,’ Global Fund Executive Director Peter Sands told journalists. It was a ‘pretty intense 24 hours’ to get there, he told Devex…” (Chadwick, 10/10).
The Telegraph: World leaders heed Macron’s call and pledge $14bn to fight killer diseases
“…[S]ome last-minute phone calls from [French President Emmanuel] Macron meant countries and private sector donors, who collectively donated more than £1bn, in fact exceeded the target slightly and pledged $14.02bn. This is a 15 percent increase on the Global Fund’s previous fundraising round in 2016 when it raised just over $12 billion and is the largest amount of money ever raised by a health organization…” (Gulland, 10/10).
U.N. News: Global community pledges $14 billion to step up fight against AIDS, tuberculosis and malaria
“…The Fund reported that many donors at the conference stepped up their pledges, citing the urgency to take decisive action. … France’s pledge of $1.29 billion included an extra $60 million announced by President Emmanuel Macron in a final push to meet the overall $14 billion target. Private donors also pledged more than $1 billion, which is a Global Fund first. The Bill & Melinda Gates Foundation led efforts with a pledge of $760 million, while (RED) pledged US$150 million, alongside supporters such as Comic Relief, prominent businessman Sri Dato Dr Tahir, and the global pharmaceutical company, Takeda…” (10/10).
The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 through December 2020. All summaries are archived and available via search.