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Global Fund Seeks To Raise $14B For Sixth Replenishment Cycle

Devex: Global Fund wants to raise $14B for next 3 years
“The Global Fund to Fight AIDS, Tuberculosis and Malaria hopes to raise $14 billion for its sixth replenishment cycle, but with budget deficits facing some of its largest donors, questions hover on whether the multilateral health partnership will be able to raise the full amount. In an interview with Global Fund Executive Director Peter Sands on Thursday — a day before French President Emmanuel Macron announced the bank’s investment case and formally kicked off [the] Global Fund’s fundraising for its 2020-2022 budget cycle — he told Devex how the fund is in ‘constant dialogue’ with the United States, its largest donor, and continues to receive strong bipartisan support in Congress…” (Ravelo, 1/11).

Reuters: Fund battling AIDS, TB and malaria seeks $14 bln to invigorate fight
“…Announcing a fundraising target for the next three-year cycle, Peter Sands, director of the Global Fund to Fight AIDS, Tuberculosis and Malaria, said the money could help save 16 million lives, halving deaths from the three diseases. It would also be used to build stronger health systems in poor countries ill-equipped to handle existing outbreaks and unable to cope with potential new epidemics. ‘New threats mean there is no middle ground,’ Sands said in a statement. ‘We need to … protect and build on the gains we have made, or we will see those achievements eroded, infections and deaths resurge, and the prospect of ending the epidemics disappear’…” (Kelland, 1/11).

Additional coverage of the Global Fund’s next replenishment cycle is available from the Irish Times and The Telegraph.