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Global Fund gets powerful help with $18 billion funding goal

The Global Fund to Fight AIDS, Tuberculosis and Malaria will get some high-powered help this week to reach its $18 billion goal to fund another three years to slow the spread of these diseases

By GLENN GAMBOA
Published - Sep 20, 2022, 06:02 AM ET
Last Updated - Jun 24, 2023, 08:59 AM EDT

NEW YORK (AP) — The Global Fund to Fight AIDS, Tuberculosis and Malaria will get some high-powered help this week to reach its $18 billion goal to fund another three years to slow the spread of these diseases.

President Joe Biden will host The Global Fund’s Seventh Replenishment Conference, the public health partnership’s fundraising campaign, on Wednesday in New York. The start has been delayed by two days so that Biden, who has pledged $6 billion in U.S. government support for the fund, could attend the funeral of Queen Elizabeth II.

Global Fund Executive Director Peter Sands told The Associated Press that fundraising through the Replenishment Conference is “always a bit of a rollercoaster.” However, he is hopeful that the fund will reach its goal by the end of the conference, even though he recognizes that donors, especially governments, face financial decisions complicated by the COVID-19 pandemic and the war in Ukraine.

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