The Global Fund estimates that, since its formation in 2000, it has helped save more than 50 million lives. Its work contributed to sharp declines in cases and fatalities from the three diseases since the turn of the century. However, COVID-19 led to a rise in cases of HIV, TB and malaria as countries were forced to scale back services and divert resources towards tackling the pandemic.
The Global Fund is seeking $18 billion to support its work between 2024 and 2026. The replenishment event, hosted by U.S. President Joe Biden, takes place in New York this week, with a pledging session planned for today (21 September).
For further information, please contact Rob Kelly, Head of External Relations at MedAccess, on +44 7867 132038 or email@example.com
MedAccess is a UK-based social finance company with a mission to make global healthcare markets work for everyone. Its core purpose is to make medical supplies more widely available at lower prices in under-served markets. By applying the rigour and skills of business finance, it provides a novel solution to the challenge. MedAccess offers financial guarantees and debt products that reduce commercial risk and allow medical manufacturers to accelerate supplies into new markets at affordable and sustainable prices. In this way, vaccines, medicines, diagnostic tests and medical devices can reach patients far sooner than existing market forces would allow.
For more information see www.medaccess.org and follow MedAccess on Twitter @MedAccessUK.