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    • Global health

    Global Fund launches $18B replenishment in tough fundraising landscape

    The amount is similar to the fund’s previous replenishment target, which the Global Fund failed to reach in its fundraising efforts.

    By Jenny Lei Ravelo // 18 February 2025

    The Global Fund to Fight AIDS, Tuberculosis and Malaria is seeking $18 billion to continue its lifesaving work over the coming years, the multilateral funder revealed with the launch of its investment case on Tuesday.

    According to a news release, a fully funded Global Fund “could save an additional 23 million lives between 2027 and 2029.” Executive Director Peter Sands said that for every dollar invested in the Global Fund, they expect a return of $19 in health and economic benefits.

    South Africa and the United Kingdom will serve as cohosts for the replenishment.

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    • The Global Fund to Fight AIDS, Tuberculosis and Malaria (GFATM)
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    About the author

    • Jenny Lei Ravelo

      Jenny Lei Ravelo@JennyLeiRavelo

      Jenny Lei Ravelo is a Devex Senior Reporter based in Manila. She covers global health, with a particular focus on the World Health Organization, and other development and humanitarian aid trends in Asia Pacific. Prior to Devex, she wrote for ABS-CBN, one of the largest broadcasting networks in the Philippines, and was a copy editor for various international scientific journals. She received her journalism degree from the University of Santo Tomas.

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