$15 billion needed by the Global Fund to Fight AIDS, TB and Malaria
The Global Fund is looking to accelerate gains in the 2014-2016 period through strategic investment in programs that can save millions of lives and tens of billions of dollars in future costs. While there is a challenging fiscal environment in many countries, the Global Fund believes that is a remarkable value in the money invested for these health services.
"We have a choice: we can invest now or pay forever," Mark Dybul, executive director of the Global Fund, said. "Innovations in science and implementation have given us a historic opportunity to completely control these diseases. If we do not, the long-term costs will be staggering."
A doctor's conference in Brussels on April 9 and 10 went over the needs for the 2014-2016 period. It also gave an update on results from recent years, which have achieved a dramatic success in fighting AIDS, TB and malaria. Donors will be invited to a fund raiser later in 2013.
With other funding, which would be $37 billion from domestic sources and $24 billion from international sources, the desired $15 billion would address close to 90 percent of the global resource needs to fight the diseases.
"We can defeat these diseases by working with partners," Dybul said. "Collectively, we know what has to be done, and we know how to do it. But we have to work together to succeed."