Japan donates $343 to Global Fund – its most generous year yet

Japan has made a second donation of US$ 127 million to the Global Fund to Fight AIDS, Malaria and Tuberculosis bringing its total contribution for 2012 to US$343 million - the country's highest contribution in 10 years.

Japan has made a second donation of US$ 127 million to the Global Fund to Fight AIDS, Malaria and Tuberculosis bringing its total contribution for 2012 to US$343 million  – the country’s highest contribution in 10 years.

According to a press statement released today (December 14) by the Global Fund, Japan’s payment of the second tranche of US$ 127 million follows a payment of US$ 216 million made in March.

“Japan has once more shown with this vote of confidence in the Global Fund that it is a leader in the fight against disease,” said Gabriel Jaramillo, General Manager of the Global Fund.

The payment comes three weeks after the Global Fund board appointed Mark R. Dybul, a former United States Global AIDS Coordinator, as its new executive director.

The Global Fund said this latest contribution represents a significant increase from Japan’s previous highest contribution of US$ 247 million in 2010.

“In 2011, Japan’s contribution was reduced to US$114 million following the earthquake and tsunami that devastated northeast Japan in March 2011. This new contribution demonstrates the strength and steadfastness of Japan’s commitment to the Global Fund,” the statement reads.

In January at the World Economic Forum in Davos, Switzerland, Japan committed to contribute US $343 million as part of a pledge of US$ 800 million to the Global Fund.

“Japan is pleased to disburse the second payment of US$ 127 million for our 2012 contribution, to fulfil the pledge announced at Davos. This contribution demonstrates our strong support for the new leadership of Mark Dybul. As a founder of the Global Fund, we are committed to working with the Fund to save more lives from the three infectious diseases and to achieve the Millennium Development Goals,” Japanese foreign minister Koichiro Gemba said.

Japan’s leadership in the Global Fund dates back to a summit of G8 nations in 2000 in Okinawa, Japan in which a need for the creation of such a global financing organisation was identified.

The contribution received this week raises Japan’s total contribution to US$ 1.74 billion, making it the fifth largest donor to the Global Fund.

 

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