Portugal Makes New Pledge to the Global Fund
20 April 2016
GENEVA – The Global Fund to Fight AIDS, TB and Malaria welcomed a pledge by Portugal for renewed financial support in 2016, just ahead of the Global Fund’s replenishment for the three-year period beginning in 2017.
Portugal Makes New Pledge to the Global Fund
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Ambassador Pedro Nuno Bártolo announced Portugal’s contribution during a meeting at the Global Fund office in Geneva: “A partnership with the Global Fund is more than just providing a financial contribution, it’s about global solidarity. We are very honored to make this contribution.”
Mark Dybul, Executive Director of the Global Fund said: “It’s very important that Portugal is back at the table. We appreciate the efforts of Portugal to partner with the Global Fund in this important year.”
Portugal pledged €50,000 for 2016, doubling its contribution so far in the 2014-2016 funding period. The country also contributes technical assistance to Global Fund-supported programs in some Portuguese-speaking countries in order to improve the efficiency of grant implementation. In Guinea Bissau, for example, the Global Fund and the government of Portugal are currently working together to provide technical assistance to grants.
Portugal has also been instrumental in securing the Global Fund’s participation at a high-level panel of the Human Rights Council, signaling a strong commitment to the organization.
Portugal has been a donor to the Global Fund since 2003. The total cumulative contribution from Portugal amounts to approximately US$16 million.
This year, a strong Replenishment for the Global Fund is aiming for a US$13 billion investment for the 2017-2019 funding cycle. That would save up to eight million lives, avert up to 300 million infections and new cases of HIV, TB and malaria, and lay the groundwork for potential economic gains of up to US$290 billion in the years ahead.