Shortfall in funding for the Global Fund
Global Fund press release
At the donors meeting in New York in October, it was announced that donors had made a US $11.7 billion commitment to the Global Fund to fight AIDS, Tuberculosis and Malaria for the years 2011-2013.
Although these contributions will form the largest ever financial pledge to date, earlier this year the Global Fund provided three scenarios possibleaccording to the size of the donor commitment.
- US $13 billion would support the continuation of existing programmes. Newer programmes could only be funded at a significantly lower level than last year.
- US $17 billion would support existing programmes. It would also allow for funding of new proposals at a similar level to those of recent years.
- US $20 billion would support and scale up existing programmes, fund new proposals. This scenario would allow for more rapid progress towards the health related Millennium Development Goals (MDG).
So the sum pledged so far has fallen short of the lowest financial scenario. I deeply appreciate the efforts of all the public and private donors who with this replenishment have shown their continued confidence in the Global Fund, said Michel Kazatchkine, the Executive Director of the Global Fund. However, we need to recognise that this
amount is not enough to meet expected demand. It will lead to difficult decisions in the next three years that could slow down the effort to beat the three diseases. I will continue a relentless effort to seek the additional resources the Global Fund needs to fully contribute towards achieving the MDGs.