The Global Fund to Fight AIDS, TB and Malaria Launches Additional Round of Funding in 2008

FOR IMMEDIATE RELEASE

CONTACT:
Christine Pomorski
202-789-0801
christine@theglobalfight.org

The Global Fund to Fight AIDS, TB and Malaria Launches Additional Round of Funding in 2008

Washington D.C., June 3, 2008 – Today, the Global Fund to Fight AIDS, TB and Malaria announced an additional round of funding to be launched later this year. The Global Fund will begin accepting proposals for Round 9 on October 1, 2008 and expects to approve these new grants at its April 2009 Board Meeting.

The Global Fund launched this unprecedented new funding round to continue the recent dramatic impact of Global Fund financed programs and provide countries with an important opportunity to scale up their efforts to fight the 3 diseases, which kill 6 million people each year. Given the urgent need to allocate additional resources and increase countries’ implementation capacities to rapidly scale up prevention and control programs, Round 9 will help maintain the momentum needed in the fight against AIDS, TB and malaria around the world.

“The announcement of Round 9 shows that the Global Fund can react in a rapidly changing global environment,” said Natasha Bilimoria, Executive Director of Friends of the Global Fight Against AIDS, Tuberculosis and Malaria. “While there has sometimes been hesitancy about launching additional new rounds, today’s announcement only reinforces the confidence and commitment to the Global Fund.”

“Two funding rounds in one year confirms the Global Fund’s ability to respond quickly and appropriately to countries’ demands,” said Dr Michel Kazatchkine, Executive Director of the Global Fund. “These additional resources could pay for a large increase in insecticide-impregnated bed nets against malaria and a continued expansion of programs to treat and prevent AIDS and TB.”

Round 9 will not replace the funding round preliminarily scheduled for March 2009. In addition to new proposals, Round 9 will also provide the opportunity for countries to resubmit revised versions of proposals rejected for Round 8 launched earlier this year. Since its creation in 2002, the Global Fund has become the main source of financing for AIDS, TB and malaria programs, with $10.7 billion approved to more than 550 programs in 136 countries worldwide. Global Fund investments have provided AIDS treatment for 1.4 million people, tuberculosis treatment for 3.3 million people and 46 million insecticide-treated bed nets for the prevention of malaria.

“Since its creation in 2002, the U.S. has contributed nearly one-third of all resources to the Global Fund,” continued Bilimoria. “With today’s announcement of an additional funding round, for FY 2009 the U.S must maintain this commitment and provide $1.65 billion as the U.S. contribution to the Global Fund to renew existing successful grants and to fund new proposals.”

FRIENDS OF THE GLOBAL FIGHT

Friends of the Global Fight works to educate, engage and mobilize American decision-makers in the fight to end the worldwide burden of AIDS, tuberculosis and malaria. By focusing these efforts on decision-makers in Washington, Friends seeks to build a sustained commitment to supporting the Global Fund and the fight against the three diseases. For more information about Friends of the Global Fight, visit www.theglobalfight.org.

THE GLOBAL FUND TO FIGHT AIDS, TUBERCULOSIS AND MALARIA

The Global Fund is a unique global public/private partnership dedicated to attracting and disbursing additional resources to prevent and treat HIV/AIDS, tuberculosis and malaria. This partnership between governments, civil society, the private sector and affected communities represents a new approach to international health financing. The Global Fund works in close collaboration with other bilateral and multilateral organizations to supplement existing efforts dealing with the three diseases. For more information about the Global Fund, visit www.theglobalfund.org.

###

To download a PDF version click here.