International AIDS Society

Global Fund Sets Internal $15 Billion Target for 2014-2016, up 50%

Author: Mark Mascolini

13 April 2013

With a goal of raising $15 billion for 2014-2016 funding, the Global Fund to Fight AIDS, Tuberculosis, and Malaria calls for a 50% increase from 2011-2013 funding levels, according to a needs assessment reported by the Global Fund Observer.

The 50% jump would cover 87% of total funding needs for 2014-2016, the Global Fund estimates. But the $15 billion represents only a fraction of the $87 billion required to support HIV, TB, and malaria programs in 2014-2016.

The total funding breakdown envisions adding $14 billion to the current $23 billion from domestic financing, another $24 billion from other external sources, and the Global Fund contribution of $15. Those contributions would total $76 billion, or 87% of the $87 billion needed. So an additional $11 billion would have to be found to reach the total $87-billion target.

According to a Global Fund statement, the $37 billion input from implementing countries represents “ambitious but realistic assumptions that countries will continue efforts to boost domestic financing.” The domestic input target represents almost a 50% increase from the current level.

If $87 billion can be raised, $58 billion (67%) would go to HIV, $15 billion (17%) to TB, and $14 billion (16%) to malaria. The added funding, Global Fund experts calculate, could provide care for 17 million TB patients in 2014-2016 and could save the lives of an additional 196,000 people threatened by malaria.

“We have a choice,” says Global Fund chief Mark Dybul. “We can invest now or pay forever.”

“Innovations in science and implementation have given us a historic opportunity to completely control these diseases,” Dybul argues. “If we do not, the long-term costs will be staggering.”

Source: David Garmaise. Global Fund sets ambitious fundraising target of $15 billion. Global Fund Observer. 9 April 2013.

For the complete article

For the April 2013 Global Fund needs assessment