Global health needs more private capital: appeal from funds.


One of the largest global health donors calls on the private sector to increase donations due to a lack of government contributions following the US decision to leave the World Health Organization (WHO).
The Global Fund to Fight AIDS, Tuberculosis and Malaria announced it will seek nearly 50% more funding from private individuals, including charities and companies, totaling $2 billion, when it launches a new funding round later this year.
Executive Director Peter Sands stated that the plan was developed prior to the US elections in November. International aid groups face a global financial climate and an increasing demand for their work - from conflict resolution to responding to climate change.
During the last funding round, the Global Fund raised $15.7 billion, of which $1.3 billion came from the private sector, including the Gates Foundation, Anglo American, and Takeda. The total amount of funding the fund is seeking for the next operational period will be announced later this year.
The US is the largest donor to the Fund, pledging $6 billion. US contributions during Trump's first presidential term were similar to those of previous administrations.
On Monday, US President Trump decided to withdraw from the WHO and freeze international aid, shocking the global health community.
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