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From: PlusNews <[email protected]>
To: "Elisabeth Janaina" <[email protected]>
Date: Thursday, May 10, 2012 8:41:04 AM GMT-0000
Subject: HIV/AIDS: Global Fund will have US$1.6 billion more

HIV/AIDS: Global Fund will have US$1.6 billion more

JOHANNESBURG, 10 May 2012 (PLUSNEWS) - The Global Fund to fight AIDS, 
Tuberculosis (TB) and Malaria has announced that it will have US$1.6 billion 
more to invest in life-saving programmes between 2012 and 2014.

The new funds are a result of "strategic decisions made by the Board, freeing 
up funds that can be invested in countries where there is the most pressing 
demand", a statement by the Fund said. [ 
http://www.theglobalfund.org/en/mediacenter/pressreleases/2012-05-09_Global_Fund_Forecasts_USD_1_6_billion_in_Available_Funds_for_2012_2014_Major_Shift_Reflects_Strategic_Choices_by_Board_Renewed_Confidence/]
 Organizational changes have brought "improved financial supervision and 
overall efficiency"; for instance, the Fund has cut its staff by 7.4 percent. 
In addition, it has received new donations recently, including $750 from the 
Bill and Melinda Gates Foundation and $340 million from Japan.

Poor funding in 2011 forced the Fund to make an unprecedented decision to 
cancel its 11th round of funding, 
[http://www.plusnews.org/Report/94293/HIV-AIDS-Global-Fund-cancels-funding ] 
raising fears that gains made in the fight HIV would be lost. Some $616 million 
in grant requests is now being considered by the Technical Review Panel.

UNAIDS said the money would allow countries and communities to take the lead in 
determining their priorities to meet the targets of the 2011 UN Political 
Declaration on AIDS [ 
http://www.plusnews.org/Report/92940/HIV-AIDS-UN-High-Level-Meeting-on-AIDS-where-to-from-here
 ].

"This ushers in a new era for the Global Fund and I am pleased to see that it 
is opening the door to new partnerships," Michel Sidibé, executive director of 
UNAIDS, said in a statement. 
[http://www.unaids.org/en/resources/presscentre/pressreleaseandstatementarchive/2012/may/20120509psglobalfund/
 ] "The Global Fund must keep firmly focused on country successes, and continue 
to leverage resources to ensure that countries can reach their goals and that 
more lives are saved."

The international NGO, Médecins Sans Frontières (MSF), welcomed the new money 
but cautioned that the Fund must stick to country-driven, needs-driven and 
demand-driven programming. Sharonann Lynch, HIV policy advisor to MSF 
International, urged the Global Fund, which will have its 26th board meeting in 
Geneva, Switzerland, on 10 and 11 May, to adhere to its founding principle of 
saving lives.

"The Global Fund will deliberate on whether it can afford to open a new funding 
window this year [2012]. MSF demands that it does so as quickly as possible - 
we can't afford to waste more time and squander the opportunity to save lives 
and prevent new infections," Lynch told IRIN/PlusNews.

"The funding window must be made available to all poor countries affected - the 
fear is that rushed reform within the Global Fund could lead to new strategies 
where it cherry-picks countries and interventions under the guise of poor 
funding."

The Global Fund is one of the largest contributors to the fight against HIV, TB 
and malaria, and by 2010 was disbursing $3.5 billion annually. It has supported 
about 40 percent of all HIV treatment in developing countries and much of the 
care in middle-income nations such as China and India. More than two-thirds of 
the world's malaria prevention and treatment, and three-quarters of all 
tuberculosis efforts, now depend on it.

"Countries that implement our grants are saving more and more people, but 
demand for services is still enormous," said Gabriel Jaramillo, who became 
General Manager of the Global Fund in February 2012. "With more money, we can 
save more lives."

kr/he 
        
[END]

This report online: http://www.plusnews.org/report.aspx?reportID=95434



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