Global Fund Raises $14.25 Billion To End AIDS, TB And Malaria

Global Fund raises $14.25 billion to end AIDS, tuberculosis and malaria

According to the report, of the countries, the US pledged the highest amount, 6 billion USD.

New York:

The Global Fund to Fight AIDS, Tuberculosis and Malaria raised $14.25 billion on Wednesday at a conference of donors led by US President Joe Biden, as decades of progress against the This disease is being reversed by Covid.

This is the highest amount ever committed to a multilateral health organization – but fell short of an ambitious target of $18 billion after the UK and Italy said their pledge would be fulfilled. afterward.

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

“What happened today is truly an unparalleled mobilization of resources for global health,” said Peter Sands, CEO of the Global Fund. He said he hoped the two countries would fulfill their commitments.

“Thank you all for your push, especially in a challenging global economic environment, and I ask you, keep it up,” Biden urged. “Let’s end this war 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 dollars, Can 1.21 billion dollars. and the European Union 715 million euros.

The Gates Foundation has committed $912 million in grants.

The $18 billion goal is based on getting back on track to end AIDS, TB and malaria by 2030, restore land lost to the Covid pandemic, and save 20 million lives over the next three years.

This is 30% more than the amount raised in the organization’s sixth and most recent replenishment, which was hosted by President Emmanuel Macron of France in 2019, raising a record $14 billion. record at that time.

The head of the World Health Organization Tedros Adhanom Ghebreyesus emphasized life expectancy in Japan is 84 years, while in Lesotho it is only 50.

“Much of that difference is because HIV, tuberculosis and malaria still kill millions in the poorest communities of the poorest countries,” he said.

“Thanks in large part to the Global Fund, these diseases kill half as many people today as they did 20 years ago. That’s progress. But those benefits are at stake.”

The Foundation estimates it has reduced AIDS, tuberculosis and malaria deaths by 50%, saving more than 50 million lives.

– Signs of recovery –

Last year, the Global Fund warned that the pandemic was having a severe impact on its work, leading to a drop in results for the first time in the fund’s history.

However, last week it said that the huge resources it had pumped in to fight the downturn had paid off and that “recovery is underway” against all three diseases.

Tuberculosis deaths increase for the first time in a decade in 2020, when it causes about 1.5 million deaths, making it the world’s second-largest infectious disease killer after Covid.

But the Global Fund, which provides 76% of all international financing to fight TB, said the programs showed signs of recovery last year.

Similarly, the number of people receiving HIV prevention services has rebounded after falling in 2020, reaching 12.5 million worldwide, the organization said. This fund provides almost a third of all international financing to fight HIV.

Disruptions to health services during the pandemic have also taken a toll on the fight against malaria, sending the death toll skyrocketing 12% in 2020, to 627,000.

But the Global Fund says the rapid scale of the programs has allowed them to resume, with about 280 million suspected cases tested and 148 million treated last year.

Under an act of Congress, the United States cannot provide more than one-third of funding to the Global Fund – a limit seen as a challenge for other countries to double down on US commitments.

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

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