The EU announced a €550 million pledge to The Global Fund during the G7 summit in Biarritz. European Council President Tusk, representing the EU at this year’s G7, made the announcement. It comes ahead of the Global Fund donors’ conference that will take place in October in Lyon, as more support is needed so that developing countries can improve their health systems, reach universal health coverage and help end the 3 epidemics by 2030.
The Global Fund seeks to raise at least €12.6 billion (US$14 billion) for the period 2020-2022. By 2023, these funds should help save an additional 16 million lives, avert 234 million infections, cut the mortality rate from AIDS, tuberculosis and malaria in half, and build stronger health systems.
Today’s pledge is made under the assumption that the EU’s new Multiannual Financial Framework for the period from 2021-2027 and the new external action instrument, which would provide the budget for today’s pledge, are adopted broadly along the lines proposed by the European Commission.
On top of the overall €1.3 billion contributions made to global initiatives such as the Global Fund, the Global Vaccination Alliance (GAVI) or the WHO’s universal health coverage partnership, the EU’s development cooperation supports with additional €1.3 billion the health sector in 17 countries (mostly in Africa) during the period 2014-2020.
In global health, the EU focuses on equitable and accessible health care, sustainability of health systems, human rights, women and girls, and private sector engagement.
For more Information about the EU and the Global Fund to fight AIDS, tuberculosis and malaria partnership, follow this link>>>