At the Global Fund Replenishment conference on 27 September, the UK made an unprecedented eight-year commitment of up to £1 billion.
The Global Fund has performed sufficiently well, and the need is so great, that we decided to maintain the UK's current high level of contribution to the fund. We therefore pledged £360 million over the three-year replenishment period (2008-10), with £30 million of this subject to demand and results. This represents a 20 per cent. increase on our current level of commitment and maintains our share of the total replenishment at 7.5 per cent.
But over and above this, we also pledged an additional £640 million from 2011-15, providing the Global Fund is receiving good quality demand, continues to perform well, and is demonstrating sustainable impact.
People suffering from HIV/AIDS need life-long uninterrupted treatment. Building up the health services of developing countries to treat HIV/AIDS sufferers and cure those afflicted by TB and malaria requires reliable and sustained investment. The long-term predictable funding now committed by the UK to the Global Fund will significantly enhance the fund's capacity to support developing countries in fighting the three pandemic diseases and making the investment in their health systems needed to sustain this fight and serve the full health needs of their populations.