Global Fund to raise $15 billion to fight AIDS, TB and MalariaListen /
The Global Fund to Fight AIDS, Tuberculosis and Malaria has announced a goal of raising $15 billion to effectively support countries in fighting the three infectious diseases during the 2014 to 2016 period.
The Fund, which promotes partnerships between governments, civil society, the private sector and affected communities, made the announcement in Brussels, Belgium, on Monday.
It says it is determined to accelerate the gains achieved in recent years against AIDS, TB and malaria through strategic investment in programmes that can save millions of lives and billions of dollars in future costs.
The Fund acknowledges that many countries are currently facing financial challenges but points out that investing in health provides remarkable value for money.
It says that innovations in science and their implementation provide a historic opportunity to completely control these diseases.
At the same time, it warns that failure to control these diseases will result in staggering long-term costs.
The Global Fund is convening a donor's conference in Brussels on 9 and 10 April to present an overall needs assessment for the 2014-2016 period.
Gerry Adams, United Nations.