Big news from the World Economic Forum Annual Meeting in Davos this week: German Minister of Economic Cooperation and Development Dirk Niebel announced a EUR 1 billion (approximately US$ 1.3 billion) pledge from Germany to the Global Fund to Fight AIDS, Tuberculosis, and Malaria for the period 2012-2016. He explains why here.
The commitment means that Germany’s is continuing its pledge for annual contributions of EUR 200 million for a total of five years, through to 2016. In 2013, the Global Fund will host a once-every-three-years fund raising conference where donors can announce commitments to the Global Fund, enabling the Global Fund to increase the predictability of its efforts.
In this video from The Global Fund’s YouTube channel, three leaders share their experiences of Global Fund financing from the perspective of grant holders in Sub-Saharan Africa, the region most affected by HIV. Featured are: Mphu Keneiloe Ramatlapeng, Minister of Health and Social Welfare, Lesotho; Joy Phumaphi, former Health Minister, Botswana and former World Bank Vice President; and Agnes Binagwaho, Permanent Secretary of Health, Rwanda and Chair of Rwanda’s Country Coordinating Mechanism — the organizing body which accesses Global Fund grants.