Health Care

Global Fund seeks $14 billion to fight aids, TB, malaria

Global Fund seeks $14 billion to fight aids, TB, malaria”

The President together with other heads of states, civil society, CEOs, global health leaders and people affected by HIV, tuberculosis and malaria from across the world are in Lyon, where French President Emmanuel Macron, is hosting the conference.

Established in 2002, the Global Fund raised 12.9 billion US dollars from worldwide donors during its previous conference held in Canada in 2016.

Global donors pledged around $14 billion to fight AIDS on Thursday, French President Emmanuel Macron told a donors' conference in city of Lyon.

The meeting is the sixth to replenish the fund since it was set up in 2002, with prominent supporters including Microsoft founder Bill Gates and U2 lead singer Bono in attendance alongside a number of African heads of state.

"I am happy to tell you that yes, we have managed to raise 14 billion", Macron told the event, at which donors also pledged money to tackle tuberculosis and malaria.

To give a boost toward this year's target, France increased its pledge to $1.42 billion, $60 million more than previously announced, Macron said.

"The objective to eradicate AIDS, tuberculosis and malaria by 2030 is achievable if we assume our responsibilities", said the French president.

The donations from governments, philanthropic donors and the private sector will be used to finance health programs in more than 100 countries.

The Global Fund Forum aims to save 16 million lives within the next four years as well as averting 234 million infections worldwide. Major recipients of the fund are Nigeria, Tanzania, the Democratic Republic of the Congo, Mozambique and Zimbabwe.

The Global Fund Executive Director Peter Sands, delivers a speech on October 9, 2019 in Lyon, during The Global Funds Sixth Replenishment Conference.



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