Italy increases Global Fund contributions by 15% to US$177 million
On August 25, 2019, during the G7 Head of State summit in Biarritz, Italy announced a pledge of €160 million (US$177 million) to the Global Fund to Fight AIDS, Tuberculosis, and Malaria for 2020-2022. This represents an increase of 15% from the previous contribution.
Italy has been a strong supporter of the Global Fund from the outset, playing a major role in its creation at the G8 Summit in Genoa in 2001, and hosting the first meeting of donors to replenish the Global Fund’s resources in Rome in 2005. During the last Global Fund replenishment in 2016, Italy increased its contribution by 40%, from €100 million (US$ 110 million) to €140 million (US$155 million).