{"id":165,"date":"2007-03-12T10:46:12","date_gmt":"2007-03-12T15:46:12","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/politicshiv\/2007\/03\/12\/global-aids-fund-wants-more-priva"},"modified":"2007-03-12T10:46:15","modified_gmt":"2007-03-12T15:46:15","slug":"global-aids-fund-wants-more-private-donor-money","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/politicshiv\/2007\/03\/12\/global-aids-fund-wants-more-private-donor-money\/","title":{"rendered":"Global AIDS fund wants more private donor money"},"content":{"rendered":"

Global AIDS fund wants more private donor money<\/a>
05 Mar 2007 16:22:21 GMT
Source: Reuters<\/p>\n

By John Acher<\/p>\n

OSLO,
\nMarch 5 (Reuters) – A global fund that combats AIDS, tuberculosis and
\nmalaria hopes to attract more money from private donors, fund officials
\nsaid on Monday.<\/p>\n

Launched in 2002 with the backing of then U.N.
\nSecretary-General Kofi Annan, the Global Fund to Fight AIDS,
\nTuberculosis and Malaria has raised $10 billion but is looking to raise
\na further $15 billion in 2008-2010.<\/p>\n

So far about 96 percent of
\nthe Fund’s money has come from governments, including the G8 countries,
\nbut private sources, such as corporations, foundations and individuals,
\nshould provide more in the future, they said.<\/p>\n

“We have a major
\neffort under way to increase private financial contributions to the
\nGlobal Fund and also private contributions of other kinds,” the Fund’s
\nExecutive Director Richard Feachem said at the start of a two-day donor
\nmeeting.<\/p>\n

The Fund supports 450 programmes in 136 countries.<\/p>\n

Feachem said it was also exploring avenues for private non-financial contributions, such as donations of goods and services.<\/p>\n

One
\npart of that is a “Product Red” campaign which allows consumers to give
\na fraction of their monthly mobile phone bill, a percentage of a
\nspecial red American Express card bill or proceeds from goods such as a
\nred Armani watch to the Fund.<\/p>\n

He said it had raised over $20 million and was growing fast.<\/p>\n

Chairwoman
\nCarol Jacobs said the Fund did not have a target for funding from
\nprivate donors, but added: “Between 10 and 20 percent — I do not think
\nwould be unreasonable.”<\/p>\n

By far the biggest private contribution
\nso far is $650 million from the Bill and Melinda Gates Foundation, set
\nup by the Microsoft founder, Feachem said.<\/p>\n

About $250 million of that pledge has been paid so far.<\/p>\n

About
\n35 of the Fund’s 50 donor governments were expected to attend the Oslo
\nmeeting, but pledges were not expected until a conference in Berlin in
\nSeptember.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Global AIDS fund wants more private donor money05 Mar 2007 16:22:21 GMTSource: Reuters By John Acher OSLO, March 5 (Reuters) – A global fund that combats AIDS, tuberculosis and malaria hopes to attract more money from private donors, fund officials said on Monday. Launched in 2002 with the backing of then U.N. Secretary-General Kofi Annan, […]<\/p>\n","protected":false},"author":712,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-165","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/politicshiv\/wp-json\/wp\/v2\/posts\/165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/politicshiv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/politicshiv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/politicshiv\/wp-json\/wp\/v2\/users\/712"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/politicshiv\/wp-json\/wp\/v2\/comments?post=165"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/politicshiv\/wp-json\/wp\/v2\/posts\/165\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/politicshiv\/wp-json\/wp\/v2\/media?parent=165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/politicshiv\/wp-json\/wp\/v2\/categories?post=165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/politicshiv\/wp-json\/wp\/v2\/tags?post=165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}