By Jennifer Rigby
NEW YORK (Reuters) -The Gates Foundation will give $912 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria, philanthropist Bill Gates announced on Monday as he urged governments to reverse global health funding cuts.
Speaking at a Reuters Newsmaker event in New York, Gates said the world was at a crossroads, with millions of children at risk of dying if funding drops too steeply.
The Gates Foundation’s pledge matches its donation in 2022. That was the last time the Global Fund, a Geneva-based independent nonprofit, raised money on its three-year budget cycle. The announcement follows deep aid cuts from governments around the world, led by the United States.
“A kid born in northern Nigeria has a 15% chance of dying before the age of 5. You can either be part of improving that or act like that doesn’t matter,” Gates said in an interview before the foundation’s annual Goalkeepers event in New York on Monday.
The event celebrates and seeks to accelerate progress on United Nations global development goals set for 2030, including improving health and ending poverty.
“I am not capable of making up what the government cuts, and I don’t want to create an illusion of that,” he said about his pledge.
The Gates Foundation, the philanthropy started by the Microsoft co-founder and his then-wife in 2000, is one of the world’s biggest funders of global health initiatives, with a particular focus on ending preventable deaths of mothers and babies, tackling infectious diseases and lifting millions out of poverty.
Earlier this year, Gates pledged to give away almost his entire $200 billion fortune by 2045, more quickly than planned because of the urgent need worldwide.
MILLIONS MORE COULD BE SAVED
According to the U.S.-based Institute for Health Metrics and Evaluation, global development assistance fell by 21% between 2024 and 2025 and is now at a 15-year low.
That could still change, said Gates, with organizations like the Global Fund trying to raise money before the end of the year. But if the trajectory remains the same, progress that cut child mortality in half since 2000, saving 5 million lives a year, could be in jeopardy, he said in a statement.
Gates said that there was still an opportunity to save millions of lives and end some of the deadliest childhood diseases by the time he will have donated the rest of his fortune in 2045.
That would require maintaining funding for institutions like the Global Fund as well as Gavi, the Vaccine Alliance, prioritizing primary healthcare and rolling out innovations – such as the long-acting HIV prevention drug lenacapavir – quickly.
“What’s happening to the health of the world’s children is worse than most people realize, but our long-term prospects are better than most people can imagine,” Gates said in a statement.
At the Goalkeepers event, the foundation gave Spanish Prime Minister Pedro Sánchez its annual Global Goalkeeper Award. While other countries reduced global health support, Spain increased its donations to the Global Fund this year by 12% and Gavi by 30%.
The Goalkeepers event usually involves publication of a progress report on the U.N. sustainable development goals, originally adopted in 2015. But that has been delayed until an event in Abu Dhabi in December, when global health funding will be clearer, the foundation said.
(Reporting by Jennifer Rigby; editing by Michele Gershberg and Cynthia Osterman)
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