Global Fund announces $11.3 billion in pledges for 8th round of funding: still $7 billion short
22 November 2025. Related: Treatment access, Activism & advocacy.
Simon Collins, HIV i-Base
On 21 November 2025 the Global Fund announced that $11.3 billion was pledged at the replenishment summit co-hosted by the South African and the UK governments.
This is a significant achievement given the current uncertainty over international health funding. It gives a clear signal that HIV, TB and malaria are still seen as a priority, though this was $3 billion less than achieved in 2022.
The Summit was attended by five heads of state and government, with representatives from more than 30 countries, together with multilateral partners, philanthropic, business, civil society and community organisations.
The pledges by many donors below are still subject to legislative approval and administrative procedure. Other public pledges are anticipated and being formalised.
Pledges – Amounts in millions
Table 1: Government Donations in donor and US currency 1
| Donor | Currency | Pledge in donor currency (millions) | USD equivalent in millions |
| Australia 2 | AUD | 266.0 | 171.6 |
| Belgium | EUR | 30.0 | 34.6 |
| Canada 2 | CAD | 1,020.0 | 723.8 |
| Côte d’Ivoire | USD | 2.5 | 2.5 |
| Denmark | DKK | 375.0 | 57.9 |
| Germany 2 | EUR | 1,000.0 | 1,154.1 |
| India | USD | 30.0 | 30.0 |
| Ireland | EUR | 72.0 | 83.1 |
| Italy 2 | EUR | 150.0 | 173.1 |
| Korea (Republic) | USD | 100.0 | 100.0 |
| Luxembourg | EUR | 13.8 | 15.9 |
| Malta | EUR | 0.2 | 0.2 |
| Monaco | EUR | 0.6 | 0.7 |
| Morocco | EUR | 1.3 | 1.5 |
| Namibia | USD | 1.0 | 1.0 |
| Netherlands | EUR | 146.4 | 169.0 |
| New Zealand | NZD | 3.0 | 1.7 |
| Nigeria | USD | 15.0 | 15.0 |
| Norway | NOK | 2,000.0 | 195.7 |
| Portugal | EUR | 1.5 | 1.7 |
| Singapore | USD | 0.6 | 0.6 |
| South Africa | USD | 26.6 | 26.6 |
| Spain | EUR | 145.0 | 167.3 |
| Switzerland | CHF | 64.1 | 79.6 |
| Tanzania | USD | 1.0 | 1.0 |
| Uganda | USD | 3.0 | 3.0 |
| United Kingdom 2 | GBP | 850.0 | 1,112.3 |
| United States | USD | 4,600.0 | 4,600.0 |
| Zimbabwe | USD | 1.0 | 1.0 |
| Other Public Donors 3 | USD | 1,080.2 | 1,080.2 |
| Total Public Donors | USD | 10,005 |
Table 2: Private Sector and Non-Government Donors 1
| Donor | Currency | Pledge in donor currency (millions) | USD equivalent (millions) |
| Anglo American plc | USD | 4.5 | 4.5 |
| Children’s Investment Fund Foundation 2 | USD | 135.0 | 135.0 |
| Foundation S | USD | 5.0 | 5.0 |
| Gates Foundation 2 | USD | 912.0 | 912.0 |
| GlaxoSmithKline plc and ViiV Healthcare | GBP | 6.0 | 7.9 |
| Goodbye Malaria – Sonhos Social Capital / Relate Trust ZA 2 | USD | 5.5 | 5.5 |
| Johnson & Johnson Foundation | USD | 5.0 | 5.0 |
| (RED) and Partners – Corporate | USD | 75.0 | 75.0 |
| Siemens Healthineers | EUR | 5.0 | 5.8 |
| Skoll Foundation | USD | 6.0 | 6.0 |
| Takeda Pharmaceutical Company Limited | JPY | 350.0 | 2.2 |
| The Rockefeller Foundation | USD | 10.0 | 10.0 |
| Other Private Donors 4 | USD | 162.0 | 162.0 |
| Total Private Donors | USD | 1,336 | |
| Grand | Total | USD | 11,341 |
Notes
- Pledges by many donors are subject to legislative approval and administrative procedure.
- Donor withholds a portion of funding for technical assistance related to Global Fund programs.
- Other public pledges are anticipated and being formalised.
- Private
comments
The good news is that given the international funding crisis this year, these results could easily have been worse.
The total, however, is US$7 billion short of the US$18 billion target that the Global Fund estimated was needed in order to reach 2030 targets.
The results table above didn’t include changes in government support from their previous pledges three years ago for the seventh round. So even though the UK was co-sponsoring the eighth replenishment, it reduced its donation for this round by £150 million. Co-sponsor South Africa doubled its contribution from US$13 million to US$26 million.
As the largest government donor, the US reduced support for this round to US$4.6 billion from US$6 billion in the seventh round. However, the recently published America First global health strategy only commits to honouring $1 billion of the pledge to the Global Fund and rapidly stopping the remaining $3.6 billion that it calls fraudulent waste. [3]
Reference
- Global Fund press release. Global Fund Partners Demonstrate Unity and Resolve to Sustain Progress and Strengthen Global Health Security. 21 November 2025.
https://www.theglobalfund.org/en/news/2025/2025-11-21-global-fund-partners-demonstrate-unity-resolve-sustain-progress-strengthen-global-health-security. - Global Fund press release. Pledges at Global Fund SeventhReplenishment Conference18 – 21 September 2022, New York United States.
https://www.theglobalfund.org/media/12328/archive_seventh-replenishment-pledges_list_en.pdf - HTB. America First global strategy: Does rapid withdrawal jeopardise pledge to Global Fund? (1 December 2025).
https://i-base.info/htb/52871