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DONORS MEET TO ASSESS GLOBAL FUND RESOURCE NEEDS

Discuss funding needs for 2011-2013

24 March 2010 - GENEVA - Nearly 30 donors to the Global Fund are meeting in The Hague, Netherlands, 24-25 March, to review global heath progress and assess funding needs for the period 2011-2013.

Hosted by the government of the Netherlands, this is a preparatory meeting ahead of a pledging conference for the Global Fund at the UN Headquarters, 4-5 October, which will be chaired by UN Secretary-General Ban Ki-moon. The preparatory meeting in The Hague is being attended by delegates from 27 countries and from (RED), the United Nations Foundation, the Bill and Melinda Gates Foundation and UNITAID.

"We have made such extraordinary progress that a world without malaria deaths and a world without any babies being born with AIDS is now within our reach by 2015," says Prof. Michel Kazatchkine, Executive Director of the Global Fund. "The financing allocated in 2010 will determine whether we can finally reach that promise. We must not let that hope turn into despair"

Donors will discuss the results achieved by the Global Fund and projections of the costs for funding its share of the response to the three global pandemics for the period 2011-2013. The Global Fund is projecting three resource scenarios:

Scenario 1: USD 13 billion to allow for the continuation of funding of existing programs. New programs could only be funded at a significantly lower level than in recent years.

Scenario 2: USD 17 billion would allow for the continuation of funding of existing programs. In addition, it would allow for funding of new proposals at a level that comes close to that of recent years. This would allow current trajectories of progress to be preserved.

Scenario 3: USD 20 billion would allow for the continuation of funding of existing programs. In addition, well-performing programs could be scaled up significantly, allowing for more rapid progress towards achievement of the health-related Millennium Development Goals.

Since its creation in 2002, the Global Fund has become the dominant financier of programs to fight AIDS, tuberculosis and malaria, with approved funding of US$ 19.2 billion for more than 600 programs in 144 countries. To date, programs supported by the Global Fund have saved 4.9 million lives through providing AIDS treatment for 2.5 million people, anti-tuberculosis treatment for 6 million people and the distribution of 104 million insecticide-treated bed nets for the prevention of malaria.

To provide sustained and predictable support for programs it finances, the Global Fund works on a funding mechanism based on periodic replenishments. This is the Global Fund's third voluntary replenishment cycle. The second replenishment for the period 2008-2010 provided pledges up to USD 9.7 billion. The first replenishment for the period 2006-2007 provided pledges of USD 3.7 billion.

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The Global Fund is a unique global public-private partnership dedicated to attracting and disbursing additional resources to prevent and treat HIV/AIDS, tuberculosis and malaria. This partnership between governments, civil society, the private sector and affected communities represents a new approach to international health financing. The Global Fund works in close collaboration with other bilateral and multilateral organizations to supplement existing efforts dealing with the three diseases.

Since its creation in 2002, the Global Fund has become the dominant financier of programs to fight AIDS, tuberculosis and malaria, with approved funding of US$ 19.3 billion in 144 countries. To date, programs supported by the Global Fund have saved 4.9 million lives through providing AIDS treatment for 2.5 million people, antituberculosis treatment for 6 million people and the distribution of 104 million insecticide-treated bed nets for the prevention of malaria.

 

For more information, please contact:

Andrew Hurst - Communications
Office: + 41 58 791 16 72
Mobile: + 41 79 561 68 07
E-mail: andrew.hurst@theglobalfund.org

Marcela Rojo - Communications
Office: + 41 58 791 16 79
Mobile: + 41 79 540 26 67
E-mail: marcela.rojo@theglobalfund.org

Follow the Global Fund on Twitter: http://twitter.com/globalfundnews

Join the Global Fund on Facebook: https://www.facebook.com/theglobalfund


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