§ Lord Juddasked Her Majesty's Government:
What action they are taking to ensure that the Global Fund for HIV/AIDS, tuberculosis and malaria is fully funded; and how soon they expect that objective to be fulfilled. [HL4931]
91WA
§ Baroness AmosThe Global Fund for HIV/AIDS, TB and Malaria (the Global Fund) held its 6th board meeting in Chiang Mai, Thailand on 15 to 17 October. Important progress was made towards putting the Global Fund on a sounder financial footing enabling it to better predict—and meet—its needs for funding for future proposal rounds.
The board approved Round 3 proposals, bringing the total amount approved after three proposal rounds to 2.1 billion US dollars for support to 125 countries. Round 4 will be launched in January. Future funding rounds will be launched depending on funds being available as pledged donations. A related but crucial agreement was therefore to put in place a comprehensive financing framework to allow for more predictable financing, and to strengthen financial management.
This will help the work of the Resource Mobilisation Committee which has been established to bring donations to the Global Fund. The UK position remains that the right way to encourage increased contributions to the Global Fund is to demonstrate good results.