Friends of the Global Fight Lauds Large-scale Actions Outlined at Today's 2008 MDG Malaria Summit The Global Fund Requests Approval of $1.62 Billion for Malaria Programs

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If Granted, Universal Access to Bed Nets Achievable by 2010



    NEW YORK, Sept. 25 /PRNewswire-USNewswire/ -- Friends of the Global
 Fight applauds commitments made at the 2008 MDG Malaria Summit, held in
 tandem with the annual United Nations assembly of world leaders in New
 York, which this year is discussing the Millennium Development Goals.
 
     (Logo: http://www.newscom.com/cgi-bin/prnh/20080925/DC35212LOGO )
 
     Of the announcements made, the largest came from the Global Fund to
 Fight AIDS, Tuberculosis and Malaria, who said its Board of Directors will
 be asked to approve $1.62 billion in funding for programs to combat malaria
 over two years. If approved, this represents the biggest request for
 malaria financing to date. In addition to the Global Fund's announcement,
 several funding pledges to fight malaria over the coming years were made by
 a number of actors, including private sector companies, the World Bank and
 the UK government, totaling nearly $3 billion. All of these commitments
 will support rapid implementation of the Global Malaria Action Plan, an
 unprecedented new strategy that was also launched today by the Roll Back
 Malaria Partnership with the broad support of a united malaria community.
 
     "The Global Fund's announcement represents the largest single round of
 malaria funding requested in its history," said Natasha Bilimoria,
 Executive Director of Friends of the Global Fight Against AIDS,
 Tuberculosis and Malaria. "An unprecedented round of funding can bring
 unprecedented change; if the Board of Directors approves this request, the
 Global Fund can make universal access to bed nets by 2010 a reality."
 
     In response to a global call to more effectively combat malaria and
 close the bed net gap, Global Fund-financed programs have significantly
 scaled up their work. In addition to the 59 million bed nets already
 distributed by Global Fund programs, this new funding, if approved, would
 allow for an additional 100 million nets -- in addition to effective
 malaria medicines -- to be purchased and distributed over the next two
 years. The Global Fund is currently financing malaria programs in 79
 countries worth $3.7 billion, and is providing two-thirds of all
 international funding for malaria.
 
     "The country proposals requesting funding -- all of which meet the
 Global Fund's high standards for quality and technical merit -- are poised
 to quickly and effectively make a significant impact on the burden of
 malaria around the world," said Bilimoria. "Our investments in global
 health work have translated into lives saved, and we must continue to put
 significant resources behind these successful programs."
 
     Since its creation in 2002, the Global Fund has committed more than
 $11.5 billion to 136 countries around the world to fight AIDS, tuberculosis
 and malaria. Currently, the Global Fund provides about one-quarter of
 international financing to fight AIDS and two-thirds of international
 funding for tuberculosis and malaria programs.
 
     FRIENDS OF THE GLOBAL FIGHT AGAINST AIDS, TUBERCULOSIS AND MALARIA
 
     Friends of the Global Fight works to educate, engage and mobilize
 American decision makers to support the Global Fund and the fight to end
 the worldwide burden of AIDS, tuberculosis and malaria. 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.
 
 
 

SOURCE Friends of the Global Fight Against AIDS, Tuberculosis and Malaria

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