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The European Commission announced a €700 million pledge to the Global Fund to Fight AIDS, Tuberculosis and Malaria for 2027-2029, with €185 million available immediately. This contribution comes as global donors reduce funding, resulting in a total of $12.64 billion raised, short of the $18 billion target. The pledge was made at the One Health Summit in Lyon, France.
EuronewsThe European Commission pledged €700 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria, covering the period from 2027 to 2029. Of this amount, €185 million will be available under the European Union's current long-term budget. The announcement occurred at the One Health Summit in Lyon, France.
The Global Fund conducts replenishment cycles every three years, during which donors commit funding for the next period. 82 billion, which falls short of the $18 billion target. 6 billion, the highest amount to date.
The European Commission's pledge represents a decrease of €15 million from the €715 million provided for 2023-2025.
3 billion in the previous one. 2 million from the Netherlands, up from €180 million but covering 2026-2029. A Global Fund spokesperson stated that the European Commission and EU member states remain key partners, contributing more than €3 billion to the eighth replenishment and about one third of total contributions since 2002.
The organization expressed gratitude for the renewed commitment.
“Global health security is a shared responsibility and a strategic investment in our common future.”
The Global Fund focuses on efforts to end AIDS, tuberculosis and malaria. With the funding shortfall, the organization plans to prioritize the poorest countries with the highest disease burdens to promote self-reliance. Peter Sands, executive director of the Global Fund, noted that supporting transitions away from fund support is ongoing, but the current scale and pace are increased.
Funding reductions extend beyond the Global Fund, affecting global health initiatives. The United States halted humanitarian aid, dismantled the Agency for International Development and withdrew from the World Health Organization at the start of the year.
Argentina followed with a similar withdrawal from the WHO. A study by the Barcelona Institute for Global Health, funded by the Rockefeller Foundation, estimated that current trends could lead to an additional 22.6 million deaths by 2030. The Global Fund indicated it will continue efforts to mobilize additional resources.
These developments occur amid a resource-constrained environment for international aid.
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