Commissioner for International Cooperation and Development, Neven Mimica, announced yesterday a contribution of €550 million for the period 2020-2022 to support the work of the Global Fund to end the epidemics of HIV, tuberculosis and malaria worldwide. Commissioner Mimica made the announcement in Lyon where global leaders are gathering for the Fund’s pledging conference organised by French President, Emmanuel Macron. This follows the initial announcement made by Donald Tusk at the G7 Meeting one month ago.
The total pledge of €550 million represents a 15% increase on the previous EU pledge of €475 million for the period 2017-2019. Thanks to similar increases in commitments from other key donors, the Global Fund is set to reach its ambitious target of $14 billion.
The European Union is the sixth-largest donor to the Global Fund and since 2002 the EU has contributed more than €2 billion to the Fund.