Published On: Tue, Sep 24th, 2013

UK makes £1bn ‘all or nothing’ pledge on Aids, tuberculosis and malaria

UK makes £1bn \'all or nothing\' pledge on Aids, tuberculosis and malaria

 

Britain threw down the gauntlet to donors on Monday by announcing that it would commit £1bn to replenish the Global Fund to Fight Aids, Tuberculosis and Malaria on condition that other countries agreed to follow suit.

The “all or nothing” pledge, intended to push other donors, was made at the UN general assembly. The money would be released over three years. In April, the Global Fund said it would need $15bn (£9.3bn) in replenishment funds for the 2014-16 period.

The Department for International Development (DfID) said the first tranche of money would be available next year. Britain is due to meet its previous £1bn commitment for 2008-2015 a year early. DfID said the money would support antiretroviral treatment for 750,000 people living with HIV, provide an extra 32 million insecticide treated nets to prevent malaria and TB treatment for more than 1 million more people. READ MORE FROM THE GUARDIAN

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