Australia to spend AU$266M to fight against AIDS, TB & Malaria
The Minister for Foreign Affairs has recently released an update stating that Australia will contribute about AU$266 million in a period of three years towards the replenishment of the Global Fund to Fight AIDS, Tuberculosis and Malaria.
This was initially announced at a replenishment conference that took place on 21 September 2022 in New York. The new funding commitment represents a gain of 10% compared to the previous contribution by Australia to the Global Fund.
The update mentioned that the focus on fighting against HIV/AIDS, Tuberculosis and Malaria got shifted during the last couple of years due to the impact of COVID-19. It was the first time in the last two decades that the fight against AIDS, Tuberculosis and Malaria took a back seat in the wake of the COVID-19 pandemic.
The update also added that the Indo-Pacific region has been facing challenges in tackling tuberculosis lately. Also, drug resistance is reportedly growing in some regions of the Indo-Pacific.
Meanwhile, HIV/AIDS and Malaria continue to be serious concerns in Australia. HIV/AIDS is a burden on the entire population of the country, while Malaria has been disproportionately affecting children across the country.
The financial contribution by Australia is likely to support the Global Fund’s initiative to end HIV/AIDS, Tuberculosis and Malaria in Australia and the Indo-Pacific region by 2030.
The Minister for Foreign Affairs update has also informed that Australia will continue to support the countries of the Pacific and Southeast Asia directly with respect to the treatment, prevention and control of any infectious disease.
The update also added that Australia contributes over AU$6000 million in health-related Official Assistance every year. However, it does not include the extraordinary assistance provided for the COVID-19 pandemic.
Some media houses have reported that the Global Fund has saved at least 50 million lives in the last two decades. This time, the organisation needed US$18 billion in donations from rich countries and private sectors to effectively deal with the spread of deadly diseases in the next three years.
As a result of the replenishment, the Global Fund saw US$14.25 billion in global donations as of Wednesday (21 September 2022).
Other countries that have significantly contributed to the Global Fund are the United States, Japan, Germany, Luxembourg, Saudi Arabia, France, South Africa, Ireland, South Korea and Spain. Along with that, Indonesia has also contributed for the first time this year.