The European Commission announced a new record €715 million from the EU budget to the Global Fund for the period 2023-2025 at the Fund's Seventh Replenishment Conference, hosted by US President Biden in New York. Together with the pledges from EU Member States, Team Europe confirms its strong commitment to the Global Fund with a total contribution of more than €4 billion for the period 2023-2025. The Global Fund, an international partnership to fight AIDS, tuberculosis and malaria, has already saved 50 million lives in the last 20 years. 

The new contribution is in addition to the €150 million made available this year from the EU budget for the Global Fund's COVID-19 Response Mechanism (C19RM) to help countries cover the costs of personal protective equipment, diagnostic tests and therapeutics.

The Global Fund seeks to raise at least US$18 billion for the period 2023-2025 to save 20 million lives, avert more than 450 million infections, cut the death rate from HIV, TB and malaria by 64% and build a healthier, more equitable world.

Of the US$18 billion, US$6 billion would be invested in strengthening health systems and community networks. This would significantly enhance the Fund's role in supporting the efforts of countries to build more people-centred and integrated systems for health, better able to prevent, detect and respond to infectious disease threats.