FACT SHEET: White House Announces President Biden to Host Seventh Global Fund Replenishment Conference on September 19, 2022
The White House is proud to announce that President Biden will host the Seventh Global Fund Replenishment Conference on September 19, 2022 in New York City. The United States is proud to be a founding contributor and largest contributor to the Global Fund, having contributed nearly $20 billion since 2002.
Founded in 2002, the Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund) is a unique funding mechanism that relies on a dynamic partnership between governments, the private sector and civil society to fight HIV /AIDS, tuberculosis (TB), and malaria in order to contribute to the strengthening of health systems.
Over the past 20 years, the Global Fund has invested more than $53 billion, saving 44 million lives and more than halving the combined death rate from HIV, TB and malaria in low-income countries and intermediary where the Global Fund invests.
The Global Fund has risen to the challenge of the COVID-19 pandemic and put in place a rapid and innovative response to mitigate the impact of COVID-19 on HIV, TB and malaria programs, and to fill urgent response gaps in community health systems. Through its COVID-19 Response Mechanism (C19RM), the Global Fund is the primary channel for providing grants to low- and middle-income countries for COVID-19 testing, treatment (including medical oxygen and new therapies), personal protective equipment and other essentials for health systems to respond to COVID-19. In 2021, Congress provided $3.5 billion more than regular appropriations for a U.S. contribution to the Global Fund for COVID-19 needs, as part of the broader U.S. response to the pandemic. .
The Seventh Global Fund Replenishment Conference
The Seventh Global Fund Replenishment Conference will bring together governments, civil society and the private sector to take bold action in the fight against HIV/AIDS, tuberculosis and malaria. The Global Fund’s investment case for the Seventh Replenishment calls for at least $18 billion from donors to help low- and middle-income countries get back on track to end HIV/AIDS, tuberculosis and malaria as public health threats by 2030, given the devastating impact of COVID-19[FEMININE[FEMININE
President Biden’s budget for fiscal year 2023 includes a $2 billion request for the Global Fund to be the first part of a total commitment of US$6 billion for the Seventh Replenishment over three years, to save lives and continue the fight against HIV/AIDS, tuberculosis and malaria.
The Global Fund raises funds before each three-year grant cycle at replenishment conferences when donors formally pledge their contributions. The Seventh Replenishment Conference will raise funds for use in the 2023-2025 grant cycle.
The role of government donors
The United States encourages all government donors to support the Global Fund replenishment and to contribute vigorously to the Seventh Replenishment in 2022. Global Fund grants reach more than 120 low- and middle-income countries, and the Global Fund is the most major multilateral health grant provider. systems. It is therefore essential, now more than ever, to ensure that it is fully replenished.
The United States expects all donors to increase their support for the Global Fund in order to meet the ambitious replenishment goal.
The role of the private sector
The private sector is at the heart of the Global Fund partnership, and has been a key contributor since the Global Fund’s inception. The Global Fund is taking innovations from the private sector and scaling them up rapidly to accelerate progress against HIV/AIDS, TB and malaria in priority areas. Since 2002, private sector partners (including corporations, foundations and philanthropists) have committed more than $3.6 billion to the Global Fund. At the Sixth Replenishment Conference in 2019, the Global Fund’s private sector partners committed a total of $1.13 billion.
The year 2022 represents an important inflection point: COVID-19 has put global health front and center for corporations, foundations and philanthropists. The private sector, along with governments, civil society and communities, will continue to be at the heart of the Global Fund partnership. By contributing to the Seventh Replenishment, these stakeholders will support frontline health workers, improve disease surveillance capabilities, build stronger and more resilient supply chains, and multiply innovations to reach those most in need and most affected by HIV/AIDS, tuberculosis and malaria. These activities will strengthen global capacity to combat these existing pandemics and contribute to preparedness efforts for future ones.
A smart investment that saves lives
A successful Global Fund replenishment is expected to save 20 million lives between 2024 and 2026 and reduce the mortality rate by 64% for the three diseases by 2026, compared to 2020 levels. Through our collective efforts, this would prevent more than 450 million infections between 2024 and 2026, reducing the incidence rate by 58% for the three diseases by 2026, compared to 2020 levels.
Global Fund replenishment pledges will also catalyze increased domestic investments of up to $59 billion to end the three diseases and strengthen health systems through co-financing requirements and technical assistance on health financing.
A successful replenishment of the Global Fund is expected to generate a return on investment of 1:31 – for every dollar invested in the fight against the three diseases, there are 31 dollars in health gains and economic returns, further contributing to the achievement of the United Nations global goal of sustainable development. Agenda.
Through our shared commitment to the Global Fund, we will reduce inequities and inequalities in health services by removing gender and human rights-related barriers to accessing health services and working with partners, including civil society and affected communities, to build more inclusive health systems that leave no one behind.