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The European Union pledged about €550 million to the Global Fund during the G7 summit in France’s Biarritz, to fight against AIDS, tuberculosis and malaria around the world, thus saving the lives of 16 million people.
The Global Fund’s work has already saved 27 million lives since it was created in 2002. Since its creation, the European Commission has contributed more than €2.6 billion to the Fund. Together with the additional support from EU countries, the overall EU contribution represents almost 50% of all resources received by the Global Fund.
European Commission President Jean-Claude Juncker said on this occasion: “The EU has been a strong supporter of the Global Fund since its creation, when the AIDS, malaria and tuberculosis epidemics seemed to be unbeatable. And today we are announcing a record contribution of a further €550 million. We hope the international community will follow suit and step up the fight to fulfill the Fund’s target of ending these diseases’ epidemics by 2030.”
European Council President Donald Tusk, representing the EU at this year’s G7, made the announcement in Biarritz. It comes ahead of the Global Fund donors’ conference that will take place in October in Lyon, as more support is needed so that developing countries can improve their health systems, reach universal health coverage and help end the three epidemics by 2030.
The Global Fund seeks to raise at least €12.6 billion for the period 2020-2022. By 2023, these funds should help save an additional 16 million lives, avert 234 million infections, cut the mortality rate from AIDS, tuberculosis and malaria in half, and build stronger health systems.
The EU pledge is made under the assumption that the EU’s new Multiannual Financial Framework for the period from 2021-2027 and the new external action instrument, which would provide the budget for today’s pledge, are adopted broadly along the lines proposed by the European Commission.
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