The European Union has been providing support since the Global Fund was created in 2002.
To end 2014, the European Commission has contributed US$1.6 billion (€1.25 billion) to the Global Fund from the common EU budget and the European Development Fund (to which all EU member states contribute) and has pledged to increase this amount to US$ 2.1 billion (€1.62 billion) through 2016. It is the sixth-largest donor to the Global Fund, after the U.S., France, UK, Germany and Japan.
Together, European Commission and European Union member states represent approximately 50 percent of the total funding provided to the Global Fund.
At the last pledging conference, held in Washington, D.C. in December 2013, the European Commission pledged €370 million (US$503 million) for the period 2014-2016, representing an increase of 12 percent compared to its previous pledge in 2010 (€330 million - US$452 million).
About half of the contributions to the Global Fund managed by the European Commission are coming from the European Development Fund, which is a specific fund devoted to development in African, Caribbean, and Pacific states. “ The European Commission is proud to have been associated with the Global Fund ever since its inception in 2002 and with the impressive results it has achieved.” — NEVEN MIMICA, European Commissioner for International Cooperation and Development
