September 30, 2022
Global Fund to End AIDS, TB and Malaria raises .25 billion

Global Fund to End AIDS, TB and Malaria raises .25 billion

According to reports, the US has promised the highest amount of $ 6 billion among the countries.

New York:

The Global Fund to Fight AIDS, Tuberculosis and Malaria raised $14.25 billion at a donor conference led by US President Joe Biden on Wednesday, as decades of progress against the diseases set back by Covid.

It was the highest ever pledged for a multilateral health organization – but the United Kingdom and Italy said their pledge would come later, falling short of the ambitious target of $18 billion.

The Global Fund was created in 2002, bringing together governments, multilateral agencies, civil society groups and the private sector.

“What happened today is a truly unparalleled mobilization of resources for global health,” said Peter Sands, executive director of the Global Fund, adding that he expects both countries to make their pledges in due course.

“Thank you all for stepping up in a challenging global economic environment, and I ask you, keep it up,” Biden urged. “Let’s end this fight together.”

Among the countries, the United States pledged the highest amount, $6 billion, followed by France with 1.6 billion euros, Germany 1.3 billion euros, Japan $1.08 billion, Canada $1.21 billion and the European Union 715 million euros.

The Gates Foundation pledged $912 million.

The $18 billion target was based on getting back on track to end AIDS, TB and malaria by 2030, recovering ground lost during the COVID pandemic, and saving 20 million lives over the next three years.

This was 30 percent more than the amount raised in 2019 during the sixth and most recent replenishment of the organisation, organized by French President Emmanuel Macron, which raised a record $14 billion at the time.

World Health Organization chief Tedros Adhanom Ghebreyesus highlighted how life expectancy in Japan was 84 years, while in Lesotho it was only 50 years.

“Most of this difference is due to the fact that HIV, TB and malaria still kill millions of people in the poorest communities of the poorest countries,” he said.

“Thanks in large part to global funding, these diseases kill half as many people as they did 20 years ago. This is considerable progress. However, those benefits are at risk.”

The fund estimates that it has reduced the death toll from AIDS, TB and malaria by 50 percent, saving more than 50 million lives.

– signs of recovery –

Last year the Global Fund warned that the pandemic was having a devastating effect on its work, reducing results across the board for the first time in the fund’s history.

It, however, said last week that the massive resources it had earmarked to combat the slowdown had paid off and that “recovery is underway” against all three ailments.

The death toll from TB rose for the first time in a decade in 2020, when it caused an estimated 1.5 million deaths, making it the world’s second largest infectious disease killer after COVID.

But the Global Fund, which provides 76 percent of all international funding to fight TB, said the programs had shown signs of recovery last year.

Similarly, the number of people providing HIV prevention services rose again in 2020 after declining to reach 12.5 million people worldwide, the organization said. The fund provides about a third of all international funding to fight HIV.

Health services disruptions during the pandemic also took a toll on the fight against malaria, with the number of deaths rising 12 percent to an estimated 627,000 in 2020.

But the Global Fund said the rapid scale of the programs had allowed them to bounce back, with nearly 280 million suspected cases being tested last year and 148 million cases treated.

According to an act of Congress, the United States cannot provide more than a third of the funding for the Global Fund – a limit that serves as a similar challenge for other countries to double the US pledge.

(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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