Global Fund to Receive 10 Billion Dollars
By Diane Smith
20:22, September 27th 2007
31 votes
Vote this story
Global Fund to Receive 10 Billion Dollars

Donors pledged to give nearly 10 billion dollars to the Global Fund to Fight AIDS, Tuberculosis and Malaria at a conference held Thursday in Berlin.

Before the donor conference kicked off, fund officials predicted that around 8 billion dollars would be directed to the fund, but donor countries pledged to give 9.7 billion dollars to the Global Fund over the next three years.

The meeting was chaired by former UN Secretary-General Kofi Annan who said money coming from the fund set up in 2002 has already saved two million lives, but “with these funds, many millions more lives can be saved in the years ahead.”

“I am very satisfied with the pledges that have been made at this conference,” Annan said after the meeting, adding that the international community made important steps toward efficiently combating the three merciless diseases.

German Chancellor Angela Merkel was part of the 50 delegations from donor countries, the private sector, civil society and UN partner organizations that attended the conference.

She said efficient health programs run by the Global Fund, the World Health Organization, the World Bank and the United States worldwide “must be networked in the right way.”

“We need to significantly improve the efficiency of health programmes,” Merkel stressed.

The Berlin donor conference is the second of this type organized by the Global Fund, after the London conference in 2005.

Annan said the donor meeting is “the largest single financing effort for global health ever undertaken” and outlined that “money channeled through the Global Fund is money invested effectively.”

So far, the fund channeled 8.4 millions to 136 countries, where 1.1 million AIDS sufferers and some 3 million tuberculosis sufferers need this assistance. Nearly 30 million anti-mosquito nets were also set up in those countries, Annan said.

Even if two million lives have been saved by programs supported by the Global Fund, Annan said more needs to be done.

“We have not done enough ... We are behind. We are particularly behind when it comes to health,” the Ghanaian diplomat said.

Michel Kazatchkine, the fund’s executive director, said the organization will have to ensure that the funds are properly used and all operations are transparent.

“The Global Fund must now ensure that the funds are used responsibly, professionally and transparently, so that effective, sustainable and live-saving measures are undertaken,” Kazatchkine said.

“We are seeing an impact in countries and we are seeing that we can change the epidemics. In some regions we see pediatric wards emptying as we finally make progress against malaria,” he added.

Since 2002, when it was set up, the fund has received contributions of more than 11 billion dollars and its “program is adapted to countries’ needs,” as Global Fund spokesman Jon Liden said.

The US government is the main donor, its contribution representing nearly 30 per cent of the total sum. President George W Bush announced that the United States will spend 15 billion dollars to fight AIDS over the five years 2003-08 in an individual program, which runs in parallel with an anti-malaria program.



© 2007 - 2008 - eFluxMedia
dotclear

Other News in

Three People Killed In Helicopter Accident

Three People Killed In Helicopter Accident

A medical helicopter belonging to the University of Wisconsin Hospital crashed today, killing the three people on board.According to hospital officials, the Med Flight helicopter left Madison on...

Activists Require Pets in Chile Be Rescued

Activists Require Pets in Chile Be Rescued

Although the population near the erupting Chaiten volcano in southern Chile has been evacuated, the pets were left behind. The Coalition for Ethical Control of Urban Fauna didn’t accept the...

Nineteen People Dead in Missouri After New Tornadoes Strike

Nineteen People Dead in Missouri After New Tornadoes Strike

Although many families have left the northeastern Oklahoma town of Picher because of the weather disasters that occurred there, those who remained were faced Saturday evening with thunderstorms...

President Bush Talks About Daughter’s “Spectacular” Wedding

President Bush Talks About Daughter’s “Spectacular” Wedding

Although she couldn’t see herself getting married at the White House, Jenna Bush had a “spectacular” wedding, as the U.S. President George W. Bush put it. The United States’ First Daughter married...

FBI Discovers Bogus Computer Gear From China

FBI Discovers Bogus Computer Gear From China

Investigating whether counterfeit routers and computer hardware from China were installed in U.S. government computer networks, the FBI has recovered about 3,500 fake devices that were worth about...

dotclear
Latest videos
Indiana Jones And The Kingdom...
Speed Racer 2008
What Happens in Vegas 2008
Son of Rambow (2008)
The Dark Knight (2008) -...

dotclear
World You are here: World
» World   » Business   
E-mail To A Friend Print RSS Text size: Decrease font size Increase font size
dotclear
dotclear
dotclear
Most Popular in World
Sharpton Arrested in NY during ProtestSharpton Arrested in NY during Protest

» read full story
dotclear

Interested In This Topic?

News Alert will keep you informed. Find out more.
dotclear
Today's Latest News
Breast Cancer Parade In PittsburghBreast Cancer Parade In Pittsburgh

» read full story
dotclear