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Global AIDS Fund allocates up to $600 million - 2002-04-25

The Global Fund to Fight AIDS, Tuberculosis and Malaria has for the first time revealed what projects it intends to fund. The first round of grants, totaling 378 million dollars, was announced Thursday, April 25th.

The money will fund forty programs in thirty-one countries over the next two years. A second round of funding is scheduled for November. The fund’s governing board says it has also agreed to “a fast-track process to approve an additional $238 million for eighteen proposals in twelve countries.” This brings the amount of funding over the next two years to $616 million. The announcement followed a four-day meeting in New York.

Among those following the proceedings was Rachel Cohen of the humanitarian group Doctors Without Borders. She praises the allocations as a good first step but says she fears the fund’s resources have already been outstripped. She says Doctors Without Borders is calling on donors to follow through on their pledges and deposit money in the fund. Also, she says the governing board for the Global Fund To Fight AIDS, Tuberculosis and Malaria should make sure proposals include cutting-edge research programs, as well as plans for better treatments, including anti-retroviral medications. Ms. Cohen spoke to VOA English to Africa reporter Joe De Capua.