Global Fund eyes sh14,000b from donors
Sep 30, 2007
ANTI-poverty campaigners led by rock star Bono want the world’s rich nations to pledge about $8b (sh14,000b) for the next three years to fight AIDS, tuberculosis and malaria.
ANTI-poverty campaigners led by rock star Bono want the world’s rich nations to pledge about $8b (sh14,000b) for the next three years to fight AIDS, tuberculosis and malaria.
The Global Fund, a multi-lateral body which channels funding for projects to combat the diseases, opened a three-day conference to boost its coffers in Berlin recently.
According to the campaigners, the diseases kill six million people a year.
Bono, long involved in the campaign to fight poverty, urged countries to pay up. “The fund is working; there are measurable results. No more excuses for underfunding this most high-minded public health mechanism,†he said.
Britain said it would contribute £1b (sh35b) up to 2015, including £360m for 2008-2010. Campaigners denounced the commitment as being only half the amount Britain had previously pledged.
In June, Britain and other Group of Eight industrialised nations committed to a $6-$8 billion per year replenishment of the Global Fund by 2010 at a summit hosted by Germany.
The Fund claims to have saved two million lives since it was created in 2002 through partnerships with governments, the private sector and local communities.
Reuters
The Global Fund, a multi-lateral body which channels funding for projects to combat the diseases, opened a three-day conference to boost its coffers in Berlin recently.
According to the campaigners, the diseases kill six million people a year.
Bono, long involved in the campaign to fight poverty, urged countries to pay up. “The fund is working; there are measurable results. No more excuses for underfunding this most high-minded public health mechanism,†he said.
Britain said it would contribute £1b (sh35b) up to 2015, including £360m for 2008-2010. Campaigners denounced the commitment as being only half the amount Britain had previously pledged.
In June, Britain and other Group of Eight industrialised nations committed to a $6-$8 billion per year replenishment of the Global Fund by 2010 at a summit hosted by Germany.
The Fund claims to have saved two million lives since it was created in 2002 through partnerships with governments, the private sector and local communities.
Reuters