Fact Sheet: President Biden Raises Record Global Health Funding with Seventh Replenishment of Global Fund

Fact Sheet: President Biden Raises Record Global Health Funding with Seventh Replenishment of Global Fund

Today, at the Seventh Global Fund Replenishment Conference, President Biden announced that the Replenishment Conference has raised $14.25 billion to date, the largest ever raised for the Global Fund and one of the largest global health fundraising efforts ever.

Over the past 20 years, the Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund) has invested more than $53 billion, saving 44 million lives and reducing the combined death rate from HIV, tuberculosis and malaria by more than half in low- and middle-income countries. Where does the Global Fund invest? On September 21, 2022, the United States Government and the Global Fund brought together governments, civil society, and the private sector at the Seventh Replenishment Conference of the Global Fund in New York to take bold action toward the fight against HIV/AIDS, tuberculosis, and malaria. .

Government and private donors have formally pledged their contributions to ensure that the Global Fund continues to carry out its critical life-saving work. Funding will be used in the 2023-2025 grant cycle to reach more than 120 low and middle income countries. These investments will enhance our global ability to combat these current epidemics and build more resilient health systems to prepare for future health threats and epidemics. This work is also essential to preventing and responding to gender-based violence and promoting sexual and reproductive health and rights both in the United States and around the world.

President Biden’s budget for fiscal year 2023 includes a $2 billion request for the Global Fund intended to be the first part of the total three-year, $6 billion Seventh Replenishment pledge. This demonstrates the US government’s willingness to match $1 for every $2 contributed by other donors, and our firm commitment to saving lives and continuing to fight HIV/AIDS, tuberculosis, and malaria. We are working with Congress to build on these long-term, partisan investments.

The United States is proud to be the largest donor to global health. As we work to end the HIV/AIDS, tuberculosis and malaria epidemic, we remain committed to strengthening health systems and institutions; strengthening global health security; advancing sexual and reproductive health and rights, including maternal, newborn and child health; closing the gaps in nutrition and non-communicable diseases; and accelerating efforts towards universal health coverage and the sustainable development agenda. In fiscal year (FY) 2021, the United States provided more than $9 billion in support of global health programs, as well as nearly $16 billion in COVID-19 health, economic, and humanitarian assistance to our partners to combat and combat this virus. influences. This money provides gunshots, lifesaving supplies to hospitals, and support that reaches the most marginalized communities.

The US Government’s significant investments in these health priorities reflect our commitment to working with partners to strengthen health systems and end these epidemics, including ending HIV here in the United States.. The core of this business is a focus on equity, which means ensuring that everyone – no matter who they are, who they love or where they come from – are able to live healthy, productive and fulfilling lives.

Highlights of the Global Fund’s pledges at the Seventh Replenishment Conference

The United States commends all government donors who have contributed so strongly to supporting the life-saving work of the Global Fund. The primary donors to global funds, including Japan ($1.08 billion), Germany (€1.3 billion), the European Commission (€715 million), France (nearly €1.6 billion) and Canada (Can$1.21 billion), have all increased their pledges since last. renewal. Korea quadrupled its commitment (to $100 million), while Kenya increased its pledge by two-thirds (to $10 million).

The implementing partner countries of the Global Fund have also come into force and made significant commitments to invest in their own health programmes. In an unprecedented display of global solidarity, twenty Global Fund implementing partners announced pledges for the Seventh Replenishment of the Global Fund, 18 of them from the African continent.

The private sector is at the core of the Global Fund’s partnership, and has been a major contributor since the creation of the Global Fund. The Global Fund takes private sector innovations and rapidly scales them up to accelerate progress in combating HIV/AIDS, tuberculosis and malaria in priority areas. Since 2002, private sector partners (including corporations, foundations, and philanthropists) have committed more than $3.6 billion to the Global Fund. For the seventh replenishment, private sector partners to the Global Fund pledged a total of $1.23 billion, led by the Bill & Melinda Gates Foundation and (RED).

The full list of pledges will be updated regularly on Global Fund website.

The United States is proud to stand with other donors of the Global Fund to End AIDS, Tuberculosis, and Malaria by 2030. The successful Seventh Replenishment of the Global Fund enables the Global Fund to continue to save lives, reduce deaths from HIV/AIDS, tuberculosis, and malaria, and support health. Systems strengthening.

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