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In a recent interview with Reuters Newswire, Richard Feachem, the Executive Director of the Global Fund to Fight AIDS, Tuberculosis and Malaria complained that donors have not committed sufficient resources for the Global Fund to meet its obligations for on-going programs in poor countries:
They (recipient countries) are putting hundreds of thousands of people on anti-retroviral therapy on a financial promise that is not secureâ€¦ If the Global Fund were to renege on that promise because the funding is not available, the recipient countries simply could not buy the resources to meet the shortfall.
As my colleague Ruth Levine found in Millions Saved, predictable funding at adequate levels is critical for the success of any global health initiative, especially one so dependent on relatively expensive commodities.
Donor countries have repeatedly committed themselves to improving the predictability of aid flows to recipient countries, including in the recent 2005 Paris Declaration on Aid Effectiveness (PDF). Now is the time to follow through on those promises.
CGD blog posts reflect the views of the authors, drawing on prior research and experience in their areas of expertise. CGD is a nonpartisan, independent organization and does not take institutional positions.