Tuesday, April 03, 2012
The Global Fund's Uncertain Future
Between 2001 and 2010, The Global Fund’s top 20 government donors contributed US$18 billion. For the period from 2002 to 2015, governments have pledged $28.3 billion to the Fund, $20.7 billion of which has actually materialized. The money spent by the Global Fund since 2001 has put 3.3 million people on antiretroviral therapy, helped detect and treat 8.6 million cases of TB, and has been used to distribute 230 million insecticide-treated bed nets to households across sub-Saharan Africa."But after years of steady growth in both the number of donors and the amount of their contributions, The Global Fund now faces a $2 billion shortfall that Feachem says will carry devastating consequences for developing countries unless the fund is replenished.