Governments from around the world on Tuesday promised $11.7-billion over the next three years to fight AIDS, tuberculosis, and malaria, up more than 20 percent over their 2008-10 commitment but well below the amount deemed necessary to meet United Nations goals to beat the diseases, writes the Associated Press.

The Global Fund, the nonprofit organization that handles money to fight the diseases, said it would take $17-billion to approach the U.N.’s Millennium Development Goals regarding the three pandemics and $20-billion to ensure achieving them.

Michel Kazatchkine, executive director of the fund, called the money pledged “disappointing” and said lack of funds would slow expansion of programs now in place and cost lives.

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