The Global Fund / John Rae

The Global Fund partnership mobilizes and invests more than US$4 billion a year to support AIDS, tuberculosis and malaria programs run by local experts in more than 100 countries. Strong financial operations are the backbone of the Global Fund partnership’s collective efforts toward ending the epidemics.


The Global Fund raises funds in three-year cycles known as Replenishments. Funding comes primarily from the public sector, with about 93% of total funding coming from donor governments. The remaining funding comes from the private sector, private foundations and innovative financing initiatives.

Contributions to the Global Fund have steadily increased since 2002, when we were founded. Supported by strong advocacy from many partners, especially by civil society and people affected by the diseases, advocates of global health have guided governments to contribute constructively to reduce the burden of disease in countries worldwide.

A detailed list of pledges and contributions by donor is available for download:

  • Pledges and Contributions Report
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The Global Fund uses an allocation-based funding model to direct resources where they are needed most. The model determines an allocation for each eligible country at the beginning of each three-year cycle. Allocations are calculated using a formula that is predominantly based on a country’s disease burden and economic capacity. The allocation-based system provides implementing partners with predictable funding and flexible timing.

The list of country allocations is available for download:

  • 2017-2019 Allocations
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The Global Fund disburses initial grant funds once the design and specifications of a grant are complete and approved. Under the principle of performance-based funding, continued grant funding is dependent on proven, effective results. Since its founding, the Global Fund disbursed more than US$41.6 billion as of June 2019.

The Global Fund Data Explorer visualizes where Global Fund investments are and the impact they achieve by providing grant financial data – including disbursements – and results data at global, regional and country levels.

Launch Data Explorer

Operating expenses

Operating expenditures in 2018 were US$297 million. In recent years, the Global Fund has been highly effective in containing operating expenses while improving and expanding its scope of operational work, through disciplined cost control and adherence to the budgeting framework. Since 2012, the Global Fund has succeeded in keeping operating costs within US$300 million per year. The graph below illustrates the amount of operating expenses year on year.

Annual Financial Report

The 2018 Annual Financial Report provides our consolidated financial statements, reflecting the effective and efficient use of financial resources to support programs that prevent, treat and care for people affected by AIDS, tuberculosis and malaria.

Download the report for more details:

2018 Annual Financial Report
download in English

Learn more about how our funding model works.

Funding Model

Published 03 June 2019