International Fund Approves US$9.2 Billion in New Grants to Speed up Struggle Towards HIV, TB and Malaria in Greater than 70 Nations
11 January 2024
GENEVA – The International Fund to Struggle AIDS, Tuberculosis and Malaria has authorized US$9.2 billion for grants beginning in 2024. 152 new grants will start implementation this month, supporting greater than 70 international locations to proceed their lifesaving work to finish the three epidemics and construct sustainable and climate-resilient programs for well being over the 2024-2026 interval.
In November 2022, following a record-breaking Seventh Replenishment final result of US$15.7 billion, the Board of the International Fund authorized the largest-ever investments to spice up the combat in opposition to HIV, TB and malaria and strengthen well being programs: US$13.7 billion, together with US$13.1 billion in nation allocations, to greater than 120 international locations over the 2024-2026 interval.
The remaining nation allocation funds to take a position over the following 3 years – as much as US$4 billion – are scheduled for later begin dates.
Peter Sands, Government Director of the International Fund, stated: “Sustaining our progress in opposition to the world’s deadliest ailments and serving to construct extra resilient and inclusive programs for well being will save thousands and thousands of lives, deal with evident well being inequities and allow communities to flourish. At a time when so lots of the poorest and most susceptible individuals are additionally being affected by local weather change, battle, financial stresses and an erosion of human rights, there may be an crucial to make sure sustained and ample funding of such demonstrably efficient lifesaving interventions. We’re extraordinarily grateful to our donors for his or her continued assist and to all our stakeholders throughout the partnership who’ve labored so laborious to develop these new grants so shortly and successfully.”
Over the previous 12 months, nation companions have labored with Nation Coordinating Mechanisms (nationwide authorities, neighborhood and well being consultants that develop and information International Fund-supported packages in a rustic) to develop detailed funding requests for packages to reply to the epidemics on the nation degree. As a part of the International Fund’s grant-making course of, all funding requests are reviewed by an unbiased Technical Overview Panel after which by the Grant Approvals Committee for high quality and comprehensiveness earlier than going to the International Fund Board for last approval. As soon as the Board approves a grant, the Grant Affirmation is signed, and the International Fund can course of the primary disbursement.
Along with the core grants awarded, the International Fund continues supporting international locations to reinvest funds from the COVID-19 Response Mechanism (C19RM) in well being programs strengthening and pandemic preparedness. This consists of over US$2 billion in investments for medical oxygen, neighborhood programs and neighborhood well being employees, provide chain, laboratories, surveillance, knowledge programs and inter-operability, and waste administration.
