UNITAID Calls for Campaign to Mobilise Innovative Financing

Unitaid_pillsGeneva, 6 October 2010 – UNITAID welcomes donor countries’ pledges to The Global Fund to Fight AIDS, TB and Malaria, made yesterday in New York at the agency’s third replenishment meeting. However, the final figure of USD 11.7 billion is less than hoped for as it falls short of the low-end funding scenario of USD 13 billion. Other funds must now be mobilised to address current needs.
“The fight against the three diseases still requires additional funding,” said Jorge Bermudez, UNITAID Executive Secretary. “We need to ensure that in this time of financial constraints the poorest are not neglected and that programmes that work are adequately funded.”

Read moreUNITAID Calls for Campaign to Mobilise Innovative Financing

GF Replenishment Meeting Ends: Massive Funding Shortfall !

Globalfund_spiralMillions of Lives Hang in the Balance
(New York) At the conclusion replenishment meeting of the Global Fund to Fight AIDS, Tuberculosis and Malaria today in New York, donors fell far short of investing the $20 billion needed to fully fund the fight against the three pandemics. Instead of the doubling of funding commitments needed to accelerate HIV, TB and malaria program scale up, countries announced initial increases averaging approximately 25%–or, in the case of some donors, did not pledge at all. This shortfall, unless corrected, will mean that the Global Fund will have to reject high quality country proposals, and dramatically slow down the pace of scale up.
The pledges and projections announced today for 2011-2013 add up to $11.687 billion. Unless corrected, the $8.3 billion funding shortfall will result in millions of deaths that could be easily prevented, and could reverse the gains made in the fight against HIV, tuberculosis and malaria. “An investment of $11.7 is disappointing to me and many others who depend on the Global Fund for our lives,” said Michael Gwaba of Community Initiative for TB, AIDS and Malaria (CITAM+) in Zambia. “The economic crisis cannot excuse underfunding health programs at such a critical moment.”

Read moreGF Replenishment Meeting Ends: Massive Funding Shortfall !