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Despite welcome new long-term pledges by the world's richest countries, the Global Fund to Fight AIDS, Tuberculosis and Malaria says it needs at least US $3 billion more.
The fund said it had only US $400 million left to pay for more than 200 new proposals received from 85 countries for programmes in health care, research and prevention.
"Promises of US $1.2 billion between now and 2008 at the Group of Eight (G-8) summit last week cover only 23 percent of the needs for 2003 and 2004," the Fund said in a recent statement. Many more proposals were expected for two further rounds of grants in 2004.
A group of NGOs and health groups last month started a "Fund the Fund" campaign to urge rich countries to meet the fund's needs.
This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions
