The United Kingdom has committed $1.6 billion to the Global Fund to Fight AIDS, Tuberculosis and Malaria for the 2014 to 2016 period, which amounts to $533 million per year, according to a Global Fund statement. The pledge is the second largest by any country so far after the United States, which has requested $1.65 billion per year from its budget during the same period. The U.K. pledge follows an earlier commitment made by Nordic countries of $750 million for the same period. The Global Fund has set a goal of raising $15 billion for the 2014 to 2016 period.

To read the statement, click here.