The Global Fund
The Global Fund was formally launched in June 2001 to raise resources to fight HIV/AIDS, tuberculosis and malaria, and to direct those resources to areas of greatest need. The Global Fund receives its funding through public and private contributions, with governments contributing the vast majority of funds (96%), primarily from the G7 and European Commission (85% of government contributions).
The Global Fund attaches no conditions to grants and there are no formal political eligibility guidelines. As of June 2005, $6.1-billion had been pledged to the Global Fund from all sources, of which $3.9-billion had been contributed. After four funding rounds,over $3-billion had been committed to 128 countries for HIV/AIDS, TB, and malaria efforts. The fund estimates about 56% of this funding is for HIV/AIDS.