§ Mr. PikeTo ask the Chancellor of the Exchequer whether the UK Government are(a) encouraging their G8 partners and (b) pledging themselves fully to fund the Global Health Fund at the forthcoming G8 summit; and if he will make a statement. [111568]
§ Hilary BennI have been asked to reply.
The UK fully supports the Global Fund for HIV, TB and Malaria. We have been actively engaged from the outset, which is why we made a five year pledge of $200 million from the beginning. $80 million of this has already been disbursed to the Fund. We believe that the Fund adds value through its ability to deliver donor coherence and to purchase drugs and commodities in bulk and establish reliability of supply.
811WWe welcome the French proposal to hold a conference in Paris (Post Evian G8) with the objective to put the fund on a firm footing and a sound financing framework.
§ Hugh BayleyTo ask the Minister of State for International Development what contributions have been made by each G8 country to the global health fund; and what proportion of the global health fund's requirement is currently funded. [113616]
§ Hilary BennThe UK fully supports the Global Fund for HIV, TB and Malaria. We have been actively and positively engaged from the outset, which is why we made a five year pledge of $200 million from the beginning. $80 million of this has already been disbursed to the Fund. We believe that the Fund adds value through its ability to deliver donor coherence and to purchase drugs and commodities in bulk and establish reliability of supply.
We welcome the French proposal to hold a conference in Paris (Post Evian G8) with the objective to put the fund on a firm footing and a sound financing framework.
The following table highlights the pledges made by each of the G8 members:
Total pledges to date Donors Pledge in original currency Pledge value in USD Period of pledge GFATM Trust account1 United States — 1,650,000,000 2001–08 Germany EUR 200,000,000 218,361,830 2002 United Kingdom GBP 138,000,000 218,342,667 2001–05 Italy — 200,000,000 2002–03 Japan — 200,000,000 2002–04 France EUR 150,000,000 164,534,226 2002–04 Canada — 100,000,000 2002–05 Russia — 20,000,000 2002–06 Total via World Bank — 2,771,238,723 — 1At World Bank