Global Fund Donors Pledge US$12 BillionListen /
Donors at the launch of the Global Fund's Fourth Replenishment have pledged US$12.0 billion for the next three years, the largest amount ever committed to fight against AIDS, tuberculosis and malaria.
The pledges represent a 30 percent increase over the US$9.2 billion in firm pledges secured in 2010 for the 2011-2013 period.
The contributions announced Tuesday include funding from 25 countries, as well as the European Commission, private foundations, corporations and faith-based organizations.
President Barack Obama on Monday urged other countries to match the U.S. contribution in order to secure the funding needed. President Obama said the United States – the Global Fund's biggest donor — would uphold its challenge to pledge $1 for every $2 committed by others through September 2014.
At the pledging session, 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.
In remarks made at the pledging session in Washington DC, several partners echoed the Global Fund leadership's determination to attract further commitments during the coming three years in order to defeat the diseases.
And, Executive Director of the Global Fund, Mark Dybul, said in remarks that closed the Replenishment launch: "The 21st Century ideals that led to the founding of the Global Fund are now stronger than ever: partnership, shared responsibility, and mutual accountability," adding, "In many ways, this is a replenishment of hope. It is a lifting up of the human spirit."
Donn Bobb, United Nations.