MUNICH – The government of Germany announced today it will contribute €800 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria for the three-year period beginning in 2017, a 33 percent increase over its previous pledge in 2013 and a demonstration of tremendous leadership in global health.
The announcement, made by Dr. Gerd Müller, Germany’s Federal Minister of Economic Cooperation and Development, came on the eve of the Global Fund’s Fifth Replenishment Conference on 16-17 September in Montreal, Canada, where world leaders and decision-makers will gather to set funding to end the epidemics and build resilient and sustainable systems for health.
Norbert Hauser, Chair of the Global Fund’s Board, praised Germany’s strong commitment to global health and its confidence in the Global Fund as an effective partnership for delivering results and excellent value for money.
“Germany is demonstrating outstanding leadership in global health,” Mr. Hauser said. “Germany’s contribution supports programs that save the lives of millions of people and positively affect millions more.”
Germany has been a strong supporter of the Global Fund partnership since its inception in 2002, contributing over US$2.5 billion, making it the fourth-largest donor. The Global Fund Replenishment Conference is aimed at further mobilizing efforts to end the epidemics of three of the world’s most devastating diseases by 2030.
As a leading voice in global health and development, Germany has strongly endorsed the need to improve the health of adolescent girls and young women and address gender inequalities.
Germany has also been a leading advocate of financial and risk management reforms, which are critical to maximize the impact and efficiency of health interventions. It has also played a leading role in innovative financial mechanisms such as Debt2Health, under which creditors forgo repayment of a portion of their sovereign debts on the condition that the beneficiary countries invest an agreed upon counterpart amount in health through the Global Fund.
Based on partner estimates, a US$13 billion investment for the 2017-2019 funding cycle would save up to 8 million lives through programs supported by the Global Fund, avert up to 300 million new infections across the three diseases and lead to broad economic gains of up to US$290 billion over the coming years and decades.
Article released by the Global Fund on the 15th September 2016.