World can save billions through Global Fund investmentsListen /
A new report – "Cost of Inaction" – released Thursday today makes the case for world leaders to fully replenish the Global Fund to Fight AIDS, TB and Malaria. Officials at the Geneva-based Global Fund have calculated that they require $15 billion USD over the next three years to begin bringing the three big global pandemics under control.
The report adds to recent research in the New England Journal of Medicine and other publications indicating that, with adequate investments, the global community can defeat these three infectious diseases and relieve tremendous suffering around the world. The new report also explains the cost of inaction, and the tremendous losses that may be caused in the fight against these three deadly diseases if funding is not secured.
It shows that if global funding were to remain flat there would be 2.6 million new HIV infections every year, of which 1.3 million could be averted through a scale-up of funding. 3 million less people will be treated for TB and 1 million lives would be unnecessarily lost.
And, the consequences for inadequate funding for malaria will be 196,000 lives lost per year and 430 million malaria cases that could have been prevented.
Executive Director of the Global Fund, Mark Dybul said "There are three compelling factors that make this a unique opportunity to fight and defeat these diseases", adding "We can make a transformative difference, and if we do not act now, the costs will be staggering."
Donn Bobb, United Nations.