Macron says global fund seeks $14 billion to fight AIDS, TB, malaria

Henrietta Strickland
October 10, 2019

Peter Sands, govt director of the fund, stated the cash raised on the convention would assist strengthen well being programs in addition to reap financial and social advantages in recipient global locations.

This money will allow the Global Fund to support affected countries and populations with a view to saving 16 million lives, preventing 234 million new infections and continuing to finance innovations and improvements for health systems. The 14 billion dollars once raised will enable the Global Fund to save the lives of about 16 million people between 2021 and 2023 and accelerate the universal health coverage programme, among others.

"We are here to send a strong signal". Statistics for 2018 alone indicate that 37.9 million people globally were living with HIV while 770,000 died from AIDS-related illnesses. Tuberculosis, according to recent reports, appears to be the most deadly infectious disease in the world today registering at least 10 million new ailments every year and 1.8 million deaths annually.

The Global Fund to Fight AIDS, Tuberculosis and Malaria was created in 2002 on the initiative of France, the European Union and G7 to raise, manage and invest the world's money to respond to three of the deadliest infectious diseases the world has ever known.

But officials said ahead of the meeting that collecting such a large sum could prove challenging, especially as global attention moves from AIDS towards fighting climate change.

The new partnerships are framed to innovate solutions that improve access to medicines, products and health services, particularly for those in hard to reach areas and those that need them most.

Some countries have announced their contribution. The US is the number one donor with a $4.68 billion contribution voted by Congress.

Britain is set to pledge $1.7 billion and Germany $1.1 billion. The U.S. and France are the biggest donors.

Mr Sharma announced United Kingdom aid would boost the funding from organisations like the Bill & Melinda Gates Foundation and Nando's.

"No amount less than $14 billion will be acceptable", the AIDES and Coalition PLUS NGOs said in a statement, urging France to ramp up its contribution by 25 percent.

"We are here to remember that behind this financial bargaining there are human lives", said AIDES president Aurelien Beaucamp.

A global organisation funding the fight against three major diseases is hoping for $14 billion in funding at a donor conference opening on Wednesday in the French city of Lyon.

The organization said the programs it supported since its creation in 2002 have saved 32 million lives.

Other reports by Click Lancashire

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