The Global Fund to Fight Aids, Tuberculosis, and Malaria has announced that it awarded a record $8.54 billion in grants in 2020 in support of HIV, TB, and malaria programs and to strengthen public health systems around the globe.

Of the $12.71 billion available for grant allocations in its current three-year funding cycle (2020-22), the fund had approved $8.9 billion for 2020. But faced with a raging global pandemic, the fund's Secretariat accelerated its grantmaking efforts and exceeded its original target, ultimately approving $9.2 billion in 2020 funding. As of the end of December, $8.54 billion in approved grants had been signed, with two countries still in the process of signing finalized grant agreements totaling $660 million. By comparison, at this point in its 2017-19 funding cycle, the fund had signed $5.2 billion in grants out of a total allocation of $10.3 billion.