The Japan Times - Global Fund seeks $18 billion to end HIV, TB and malaria

EUR -
AED 3.826328
AFN 79.173043
ALL 98.288981
AMD 415.532193
ANG 1.878503
AOA 952.693396
ARS 1090.715432
AUD 1.657831
AWG 1.875146
AZN 1.766508
BAM 1.959577
BBD 2.104557
BDT 127.111968
BGN 1.954369
BHD 0.392652
BIF 3037.737323
BMD 1.041748
BND 1.414212
BOB 7.202815
BRL 6.172983
BSD 1.042309
BTN 90.052719
BWP 14.466747
BYN 3.411143
BYR 20418.261843
BZD 2.093716
CAD 1.497615
CDF 2964.815103
CHF 0.945246
CLF 0.037284
CLP 1028.778137
CNY 7.591114
CNH 7.584457
COP 4402.698127
CRC 526.008875
CUC 1.041748
CUP 27.606323
CVE 110.68551
CZK 25.098839
DJF 185.138793
DKK 7.460896
DOP 64.223532
DZD 140.81825
EGP 52.382431
ERN 15.626221
ETB 131.799924
FJD 2.434097
FKP 0.85797
GBP 0.84319
GEL 2.984634
GGP 0.85797
GHS 15.844793
GIP 0.85797
GMD 75.005326
GNF 9016.329862
GTQ 8.055334
GYD 218.068251
HKD 8.114597
HNL 26.575166
HRK 7.68763
HTG 136.22127
HUF 410.224769
IDR 16912.25877
ILS 3.72016
IMP 0.85797
INR 90.097195
IQD 1364.68995
IRR 43844.572757
ISK 145.917845
JEP 0.85797
JMD 163.864289
JOD 0.739122
JPY 162.573138
KES 134.90602
KGS 91.099095
KHR 4191.994514
KMF 492.12366
KPW 937.573364
KRW 1496.92424
KWD 0.321036
KYD 0.868666
KZT 542.710909
LAK 22697.084354
LBP 93288.537733
LKR 311.232457
LRD 203.140847
LSL 19.277172
LTL 3.076011
LVL 0.630143
LYD 5.125397
MAD 10.431007
MDL 19.439284
MGA 4906.633513
MKD 61.533745
MMK 3383.557041
MNT 3539.859997
MOP 8.36304
MRU 41.518883
MUR 48.399699
MVR 16.050125
MWK 1808.994419
MXN 21.222788
MYR 4.623794
MZN 66.560934
NAD 19.271857
NGN 1623.605221
NIO 38.347228
NOK 11.747975
NPR 144.084351
NZD 1.835679
OMR 0.400997
PAB 1.042299
PEN 3.86645
PGK 4.176628
PHP 60.964656
PKR 290.386955
PLN 4.215863
PYG 8241.688733
QAR 3.792964
RON 4.976325
RSD 117.128928
RUB 104.045584
RWF 1451.155038
SAR 3.907418
SBD 8.799175
SCR 14.86197
SDG 626.090648
SEK 11.464505
SGD 1.413069
SHP 0.85797
SLE 23.651557
SLL 21844.935719
SOS 595.364722
SRD 36.570594
STD 21562.081421
SVC 9.120361
SYP 13544.808173
SZL 19.272456
THB 35.425163
TJS 11.408381
TMT 3.646118
TND 3.322084
TOP 2.439878
TRY 37.168878
TTD 7.08559
TWD 34.03443
TZS 2621.038023
UAH 43.777665
UGX 3841.367671
USD 1.041748
UYU 45.617055
UZS 13514.555742
VES 58.559375
VND 26179.128578
VUV 123.678421
WST 2.917756
XAF 657.217531
XAG 0.034184
XAU 0.000378
XCD 2.815376
XDR 0.80314
XOF 655.779254
XPF 119.331742
YER 259.497942
ZAR 19.278193
ZMK 9376.985749
ZMW 29.002626
ZWL 335.442448
  • RBGPF

    -0.9200

    61.28

    -1.5%

  • BCC

    0.5300

    128.45

    +0.41%

  • SCS

    0.0200

    11.6

    +0.17%

  • CMSC

    -0.0050

    23.485

    -0.02%

  • RIO

    0.4400

    61.56

    +0.71%

  • RYCEF

    0.2800

    7.55

    +3.71%

  • RELX

    0.1300

    49.39

    +0.26%

  • GSK

    0.6200

    34.05

    +1.82%

  • NGG

    0.6600

    60.71

    +1.09%

  • AZN

    0.4000

    68.6

    +0.58%

  • JRI

    0.0200

    12.55

    +0.16%

  • BCE

    0.0700

    23.22

    +0.3%

  • CMSD

    -0.0900

    23.87

    -0.38%

  • VOD

    0.0200

    8.4

    +0.24%

  • BTI

    0.4800

    37.05

    +1.3%

  • BP

    0.3600

    31.49

    +1.14%

Global Fund seeks $18 billion to end HIV, TB and malaria
Global Fund seeks $18 billion to end HIV, TB and malaria / Photo: MANDEL NGAN - AFP

Global Fund seeks $18 billion to end HIV, TB and malaria

The Global Fund to Fight AIDS, Tuberculosis and Malaria will hold a donor conference Wednesday in New York, where it aims to raise at least $18 billion during an event hosted by US President Joe Biden.

Text size:

It is the highest ever "replenishment" goal set by the organization, and comes amid rising economic pressures -- both on donor countries and recipients -- following the Covid-19 pandemic and the food and energy crises caused by the Ukraine conflict.

But spokeswoman Francoise Vanni told AFP she was buoyed by recent pledges -- including most recently 1.3 billion euros from Germany, which followed $6 billion from the United States and $1.08 billion from Japan -- that had brought the fund "about halfway" to its target.

"There's a lot at stake, and the $18 billion target is very much based on getting back on track to end AIDS, TB and malaria by 2030, recovering ground lost during the Covid pandemic and saving no less than 20 million lives over the next three years," she said.

"Everything is still at play and no decision has been made until it's been made...But we have very strong pledges already in the bag."

The amount is 30 percent more than that raised during the organization's sixth and most recent replenishment, hosted by President Emmanuel Macron of France in 2019, which raised a then-record $14 billion.

The Global Fund was created in 2002 and brings together governments, multilateral agencies, bilateral partners, civil society groups, and the private sector to tackle the three deadly diseases, with new funding cycles usually every three years.

Vanni said she hoped donors would look at the fund's track record of success -- last week it announced it had helped save 50 million lives over the past 20 years.

What's more, "countries around the world realize that no one is safe until everyone is safe. We've been saying that during Covid-19, and we cannot lose that momentum."

- Signs of recovery -

Last year, the Global Fund warned that the pandemic was having a "devastating" impact on its work, leading to declining results across the board for the first time in the fund's history.

But it said last week that the massive resources it had pumped to counter the downturn had paid off and "recovery is underway" against all three diseases.

For example, the number of people dying 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 biggest infectious disease killer behind Covid.

But the Global Fund, which provides 76 percent of all international financing for fighting TB, said the programs had shown signs of recovery last year.

Similarly, the number of people reached with HIV prevention services rose again after dropping in 2020, reaching 12.5 million people worldwide, it said. The fund provides nearly a third of all international financing to battle HIV.

Per an act of Congress, the United States cannot provide more than one-third of funding for the Global Fund -- a limit that serves as a matching challenge to other nations to double the American pledge.

T.Sasaki--JT