Global Fund Announces Record Funding Allocations for 2020-2022
The Global Fund to Fight AIDS, Tuberculosis and Malaria has announced funding allocations totaling more than $13.6 billion for the three-year period starting January 1, 2020.
The 2020-22 distributions, which include $12.71 billion in country allocations and $890 million for catalytic investments — a 23 percent increase over the previous three-year period, are aimed at saving sixteen million lives; cutting the global mortality rate for AIDS, tuberculosis, and malaria in half; and getting the world back on track to ending the AIDS, tuberculosis, and malaria epidemics by 2030. At its Sixth Replenishment conference in October, the Global Fund raised a total of more than $1 billion from the private sector, including a $760 million commitment from the Bill & Melinda Gates Foundation.
With the goal of increasing the overall impact of efforts to prevent, treat, and care for people affected by HIV, TB, and malaria and to build resilient and sustainable public health systems, the 2020-22 allocations provide significantly more resources for the highest-burden and lowest-income countries, with thirty-two countries receiving increases of at least 40 percent over 2017-19 levels. To that end, allocations to countries in Africa are up $2 billion, including a $780 million increase for countries in West and Central Africa, increased investments in HIV prevention efforts targeting adolescent girls and young women in eastern and southern Africa, and additional investments in vector control and seasonal prevention campaigns in the Sahel region.
Designed to fund efforts that complement country allocations, the Global Fund’s catalytic investments for the 2020-2022 period include $341.5 million in matching funds to incentivize the programming of country allocations for priority areas; multicountry approaches for critical, pre-defined geographical areas in geographic regions; and $404 million in support of strategic initiatives that cannot be funded through disease-specific components of grants.
“World leaders came together at our replenishment and made commitments to step up the fight to end these epidemics by 2030,” said Global Funds executive director Peter Sands. “Now the real work begins. Our allocations will allow partners to expand programs that work, and to find innovative solutions for new challenges. In addition to more money, we need better collaboration and more effective programs.”
For a complete list of allocations by country, see the Global Fund website.
(Photo credit: Global Fund to Fight AIDS, Tuberculosis and Malaria)“Highest-Ever Funding Allocations Announced to Fight AIDS, TB and Malaria.” Global Fund to Fight AIDS, Tuberculosis and Malaria Press Release 12/18/2019
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Source:philanthropynewsdigest.org
