The European Commission is pledging € 470 million to The Global Fund for 2017-2019, an increase of € 100 million, or 27%, over the EC’s pledge for 2014-2016.
- The Bill and Melinda Gates Foundation yesterday announced a new pledge of $50 million for the Fund. This marks the third consecutive year in which Gates has given $50 million to the Fund. Although private foundations have a Global Fund board seat, no other foundation has ever given to the Fund, except for pro bono services and some very minor donations of a few thousand dollars.
On July 16, France and the United States co-hosted a long-heralded "International Meeting to Support the Global Fund" in Paris. When this event was originally planned, it was hoped by some that it would lead to many announcements of new donations to the Fund. But while there were many statements of support from world leaders, the only new donations announced at the meeting were a $10 m.