Today, the Obama Administration announced that it will pledge $4 billion over the next three years to the Global Fund to Fight AIDS, Tuberculosis and Malaria. The commitment reflects not only the largest amount by any donor but also a 38 percent increase over its $2.9 billion given between FY 2008 and 2010, and the first time the U.S. government has made a multi-year pledge.
"The U.S. government's pledge to the Global Fund demonstrates its dedication to improving the lives of families everywhere," said Peter Chernin, Chairman of Malaria No More. "The return on this investment will be evident in healthier communities, stronger economies and a brighter global future."
More than two-thirds of all projects focused on ending malaria are funded by the Global Fund, and over the past eight years Global Fund programs have helped save more than 6 million lives around the world.
"Momentum in the fight against malaria continues to build as the world sees tangible and measurable progress against disease," said Malaria No More CEO Scott Case. "This substantial increase supports the Global Fund's track record of making investments in programs that save lives."
The U.S. commitment came today as part of the Global Fund's Third Voluntary Replenishment meeting where international government and private-sector donors meet to make their funding commitments.
About Malaria No More
Malaria No More is determined to end malaria deaths in Africa by 2015-and we're helping the world get it done. Malaria No More leverages high-impact awareness campaigns to engage the world, global advocacy to rally leadership and strategic investments to accelerate progress.