The past five years have not been kind to the Global Fund to Fight AIDS, Tuberculosis and Malaria.
Donations to the public-private partnership decreased in 2011 and 2012 because of the global financial crisis. Reports of grants mismanagement, meanwhile, led to a cancellation of new funding rounds until 2014. And then, earlier this year, the U.S. government — the Global Fund’s largest donor — proposed to cut funding 18 percent from $1.3 billion in fiscal year 2015 to $1.1 billion in fiscal 2016.
But the Global Fund is optimistic of brighter prospects in the coming years.