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UN Raises $11.5 Billion More to Fight AIDS, TB, Malaria

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MANILA, Philippines — The United Nations (UN) has raised an additional fund amounting to $11.5 billion for global partnership campaign against three killer diseases – HIV/AIDS, tuberculosis (TB) and malaria — for the next three years.
UN Raises $11.5 Billion More to Fight AIDS, TB, Malaria

By CHARISSA M. LUCI
Manila Bulletin
October 6, 2010, 5:35pm

MANILA, Philippines — The United Nations (UN) has raised an additional fund amounting to $11.5 billion for global partnership campaign against three killer diseases – HIV/AIDS, tuberculosis (TB) and malaria — for the next three years.

UN Secretary-General Ban Ki-moon, who chaired the two-day replenishment meeting for the Global Fund to Fight AIDS, TB and malaria, said the commitments made by the donor countries, private foundations, corporations and individuals have signaled a borderless fight against these diseases, which are leading causes of deaths worldwide.

“At a time when so many governments are tightening their belts, these commitments send a powerful message. It shows that many world leaders want to do the right thing beyond their borders, too,” he said in a statement.

“However, the demand for funding will outstrip even the important commitments made today. That means we must continue to mobilize more resources, more will, more quickly,” he said.

Earlier, Joint United Nations Programme on HIV/AIDS (UNAIDS)Deputy Executive Director Dr. Paul De Lay pressed on the need to address the funding shortages as far as the implementation of anti-AIDs programs is concerned. He said they are in need of $10 billion to fulfill their mandate.

“This work is not just about replenishing the fund; it is about replenishing hope and dignity in people’s lives,” Ban stressed.

The United States earmarked $4 billion to the Global Fund to Fight AIDS, TB and malaria for a three-year period from 2011 to 2013, which is considered as the largest ever pledge by a donor country representing one of the largest increases for this replenishment period. Since the creation of Global Fund in 2002, Washington has remained the largest donor to the Global Fund with an accumulated amount pledged of US$10.5 billion.

Chevron Corporation also committed an additional $25 million for the Global Fund initiatives.

The Global Fund to Fight AIDS, TB and malaria, an international financing institution, has committed $ 19.3 billion in 144 countries to support large-scale prevention, treatment and care programs against the three diseases.

The eight-year old Global Fund Programmes has saved an estimated 5.7 million lives, provided AIDS treatment for 2.8 million people and TB treatment for 7 million people, and distributed 122 million bed nets to prevent malaria, the UN noted.

Ban expressed gratitude to the donor countries, private foundations, corporations and individuals for their “committed engagement in saving millions of lives.” “ And we will save millions more,” he said. “Together, we are writing one of the major success stories of the 21st century,” he added.