Since the onset of the global financial crisis in 2008, donor government assistance for global AIDS relief has largely fallen flat. According to the Joint U.N. Program on HIV/AIDS and the Kaiser Family Foundation, donor governments disbursed $7.6 billion in international HIV and AIDS assistance in 2011, compared with $7.7 billion annually in both 2008 and 2009. Against this backdrop, the global AIDS community is increasingly looking to philanthropic donors to help fill an estimated $7 billion gap in HIV and AIDS funding.
“We are in an era where shared responsibility for the AIDS response is vitally important … Philanthropic investments for AIDS are extremely important, particularly in supporting civil society led engagement which can often be missing from larger-scale donor funding plans,” asserted Paul De Lay, deputy executive director for UNAIDS’ program branch, earlier this month.
A recently released report from Funders Concerned About AIDS and the European HIV/AIDS Funders Group reveals that philanthropic donors are gradually stepping up their support for global AIDS relief. Private AIDS-related funding from U.S. and European philanthropic donors reached $644 million in 2011, up by 5 percent from 2010.
Based on the findings of the FCAA and EFG report, Devex provides a rundown of the top 10 U.S. and European philanthropic funders of global efforts against HIV and AIDS.
Juan Carlos is an analyst at the Devex Manila Office where he provides business information by producing early intelligence, donor funding strategy, and project reports. A strong advocate of civic education, he also teaches undergraduate courses on Philippine politics and governance.
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