healthmedicinet

Administration Commits to Providing up to $5 Billion Over Next Three Years

In an address recognizing World AIDS Day, President Barack Obama announced today that the U.S. Administration will commit up to $5 billion to the Global Fund to Fight AIDS, Tuberculosis and Malaria over the next three years. Specifically, he said the United States will contribute $1 for every $2 provided by other donors worldwide through 2016, up to $5 billion. This marks a potential $1 billion increase from the Administration’s previous pledge to the Global Fund for 2010-2013.

In a statement that reaffirmed the Administration’s commitment to fighting the disease in the U.S. and across the globe, President Obama made clear that the U.S. will remain the global leader in the fight against HIV and AIDS. His remarks come as top government officials from around the world join leaders from the private sector in Washington, D.C., to announce three-year financial commitments to the Global Fund to Fight AIDS, Tuberculosis and Malaria. This gathering, the Fourth Voluntary Replenishment of the Global Fund, kicks off a multiyear effort to raise funds for the world’s largest public health financier and its lifesaving partnerships in more than 140 countries.

“I was thrilled to hear President Obama’s remarks today. I applaud him, Secretary Kerry and the Office of the Global AIDS Coordinator for hosting this replenishment meeting and maintaining a steadfast commitment to global health,” said Deb Derrick, President of Friends of the Global Fight Against AIDS, Tuberculosis and Malaria, which advocates in the U.S. on behalf of the Global Fund. “The U.S. government has been the largest contributor to the Global Fund since it was established in 2002, lending bipartisan support and setting the tone for other donors worldwide. Today’s announcement was a further illustration of this leadership.”

The news was also a clear demonstration of U.S. confidence in the work of the Global Fund and an acknowledgment of the important role it plays in reaching the goal of controlling these deadly, yet treatable, diseases — especially in a challenging global economic environment. “The Global Fund’s success speaks for itself,” said President Obama. He encouraged other countries to respond to the challenge of the 2-to-1 match to unlock the full $5 billion in the coming years.