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Writing checks that bounce: World continues to backtrack on HIV treatment
Date:7/20/2010

will be newly infected this year and the years to come.

AIDS is not over. World leaders who rushed to plow money and effort into bailing out the financial institutions that caused the global economic crisis cannot justify shortchanging a crisis that kills over 5,000 people each day.

AIDS FUNDING CUTBACKS

Writing Cheques That Bounce

G8 and the Global Fund
Promised: $10 billion a year
Delivered: $3 billion a year

2001: Created with the full support of the G8 club of rich nations, the Global Fund was intended to be a "war chest" worth $10 billion a year.

2008: Paltry donations followed the bold promises and by 2008, donors scraped together only $3 billion a year.1 In 2009, ambitious and sound proposals from developing countries were met with "efficiency" or budget cuts of 10-25%.

2011-2013: In March 2010, the Global Fund estimated that it would need $20 billion over the next three years if it is to expand its funding and help meet the health-related Millennium Development Goals (MDGs).

Donors are using the global economic crisis as an excuse to continue short-changing the fund. Some warn that raising even $13 billion (the lowest scenario, which would mean a dramatic slow down in pace of delivery) is a "huge stretch."

President Obama and PEPFAR
Promised: $48 billion over 5 years
Delivered: Flatlined funding trajectory

2007: Barack Obama pledges $50 billion over five years for PEPFAR during his campaign.2

2008: U.S. Congress commits to $48 billion over five years in bipartisan legislation endorsed by candidates Obama, McCain and Clinton.

2010: The global economic crisis is being used as an excuse to flatline PEPFAR funds compared to much higher year-on-year increases in previous years, especially from
2006-2009. The effects are already visible with new patients being turned away from treatment in PEPFAR-funded programs in A
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Contact: Kay Marshall
kaymarshall@mac.com
347-249-6375
International Treatment Preparedness Group
Source:Eurekalert

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