As we approach the G8 meeting next week, one of things we’d like to see them commit to is fully funding the Global Fund to Fight AIDS, Tuberculosis and Malaria. We’ve known for a while that the Global Fund is facing its first ever financing gap. This is tragic since the Global Fund is sustaining millions on lifesaving AIDS medications and providing tens of millions of bed nets to protect mothers and children from malaria. See the article below from Reuters that explains the funding gap and the potential crisis if it is not filled.
As the G8 convenes this week, we hope that they will, amongst 8 of the largest economies in the world, find the $3 billion needed to keep the Fund fully financed.
GENEVA, July 3 (Reuters) – The Global Fund to Fight AIDS, Tuberculosis and Malaria is facing a budget hole of about $3 billion as the recession dries up foreign aid, the Geneva-based funding body said on Friday.
Spokeswoman Marcela Rojo said that $170 million is still needed to pay for the programmes the Global Fund committed to supporting last year, and it will need $2.5 billion to $3 billion to maintain and finance programmes planned for 2010.
“The Global Fund will need a substantially higher amount than the one pledged at the last replenishment in Berlin in 2007 ($10 billion),” she told Reuters, saying fundraising drives in 2010 “will be absolutely critical”.
A Bob Geldof edited edition of the major Italian newspaper “La Stampa” is out and available online on their site today!
La Stampa’s editors turned over this Sunday’s issue to a dedicated Africa/G8 edition, edited by Geldof. The edition features contributions from prominent global figures including Archbishop Desmond Tutu, Bono, Kofi Annan and Sophia Loren.
Tomorrow all the articles and op-eds will be available in English too.
On Tuesday, Archbishop Desmond Tutu, Grameen Bank founder Muhammad Yunus and the former President of Ireland Mary Robinson joined together to present the G8 with one simple request: send every child to school.
In an open letter to the leaders of the G8 countries, the group asked for the G8 to commit to launching a Global Fund for Education. The proposal comes from a pledge made by President Obama himself, which you may have read about here before.
The letter reads:
We are heartened by the commitment of the United States President, Barack Obama, to provide a contribution of at least $2 billion dollars to a Global Fund for Education which would help to eliminate the global education deficit by 2015. Such a bold and ambitious plan should be endorsed by other members of the G8 through a public commitment to such an initiative, which must be launched before the end of the year with full funding. A Global Fund for Education would ensure that the funding shortfall is no longer the main impediment to progress on basic education, and moreover that those investments have the greatest impact on access to and quality of education.
Putting every child in school seems like a tall order, but history has shown that remarkable progress is possible with a combination of dedicated government investment and international support. Ethiopia, for example, was able to double its enrollment rates between 1999 and 2007, leading to a total of 3.3 million more children in school. Increased government spending on education, incentives for girls to enroll and the construction of schools in rural areas all contributed to this impressive progress. Across Africa, stories like this have resulted in 34 million more children in school since 1999.
A Global Fund for Education could help replicate successes like Ethiopia’s by helping to galvanize new momentum toward basic education and reverse the declining investment the sector by international donors. This is more vital than ever given the current global financial climate. In many countries, expenditure on sectors like health and education will be one of the first victims of stretched government budgets, and a skilled, educated workforce will be one of the key ingredients to recovery and fueling long-term economic growth.
We’ll be following the G8 closely next week, so we’ll keep you posted on any new education commitments and hopefully, a plan to launch a Global Fund for Education.
At the end of last week I attended G8 Development Ministers’ meeting in Rome. It fell the day after the launch of ONE’s 2009 DATA Report in Rome. During the final press conference a journalist asked the Italian Foreign Affairs Minister Franco Frattini what his response was to the Report’s findings – Italy has fulfilled only 3% of its commitment and accounts for nearly half the G8′s total gap for 2008. Frattini, without contesting the content of the Report, replied that Italy is aware of the shortfalls and that it would make up for the 2009 financing gap by the end of 2009! This is quite an amazing statement, particularly given what this would mean in dollar terms combined with the government’s deep cuts in bilateral aid that have been foreseen by the 2009 budget.
During the press conference I had the opportunity to ask Frattini when exactly Italy would pay its full 2009 contribution to the Global Fund to fight AIDS, Tuberculosis and Malaria. Frattini answered that the relevant appropriation law for this will definitely be passed before the end of this year, and that it’s very likely that it may pass before the G8 Summit in L’Aquila.
The 2009 DATA Report has already had a significant impact in Italy and been covered widely in the Italian media. One example of this was during a press conference with Colonel Gaddafi of Libya, also current head of the African Union, someone asked Prime Minister Berlusconi for his response to the DATA Report. Prime Minister Berlusconi confirmed that Italy would certainly honour all of its commitments. He also stated that donors have to be extremely careful to ensure money given reaches the intended recipients.
This Development Ministers’ meeting was followed by the G8 Finance Ministers’ meeting in Lecce, southern Italy. Unfortunately, there were no major agreements or announcements made on our issues. The focus of the meeting was on the “Lecce Framework” – legal standards being drawn up to try and avoid future economic downturns. Here at ONE we are really concerned about the current and future impacts of the recession on the poorest countries around the world. The Managing Director of the International Fund for Agricultural Development, Kanayo Nwanze, also recently echoed this: “the impact of the financial crisis on developing countries is going to be more visible in several months,” he said, warning that African governments would encounter budget problems in paying civil servants and subsidising food in urban areas.”
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