. Military Space News .




.
EPIDEMICS
After 30 years, new sources needed for AIDS campaign
by Staff Writers
Geneva (AFP) May 30, 2011

As the war on AIDS heads into its fourth decade, the need for funds is spiralling relentlessly higher, prompting a quest for new resources from consumer levies to contributions from developing giants.

"We currently have around 16 billion dollars available for the global fight against aids," said Bernhard Schwartlander, who heads the strategy and results department at the UN agency UNAIDS.

"But we estimate that in 2015, even if we are most efficient ... we will need at least 22 billion dollars, so (there's) over six billion dollars (in) shortfall between now and ramping up the response in 2015," he told AFP.

Drugs to curb HIV are now being rolled out to millions of poor people, especially in Africa.

But these drugs are not a cure and they have to be taken for the rest of one's life.

As a result, the more lives that are saved, the more the bill goes up.

Yet funding has levelled out over the past three years as Western donors -- who shoulder almost all of the financial burden -- deal with the aftermath of the financial and economic crises.

"The problem right now is, with the fiscal crisis there is not only a squeeze on AIDS drugs but there is (also) a huge squeeze on AIDS research," said Seth Berkley, who heads the International AIDS Vaccine Initiative (IAVI).

Campaigners are turning to innovative sources to try to plug the gap.

In 2006, 15 countries imposed tiny taxes on air tickets, a move which reaped two billion dollars over four years, while Schwartlander suggested a new levy on tobacco sales.

At the next G20 summit, where French President Nicolas Sarkozy is expected to push for a new tax on financial transactions to fund development.

The Global Fund to Fight Aids, Tuberculosis and Malaria, a public-private partnership, has launched a mechanism called the Dow Jones Global Fund 50 index.

The barometer measures the financial results of companies that support the Fund's mission. Part of the revenues generated through licensing this index for investors goes to the Fund.

"It has been launched on the London, Frankfurt stock markets and soon Abu Dhabi," said Michel Kazatchkine, who heads the Fund.

The Fund is also proposing other methods like deals between poor countries, rich countries and the organisation.

"A rich country could agree to cancel 50 percent of the debt of an indebted country if the latter agrees to invest the remaining 50 percent of its debt in the Fund's programmes," said Kazatchkine, noting that the first of such deals was set up in 2008 between Germany and Indonesia.

"The money from this debt will be turned into money for health," he said.

Kazatchkine has been discreetly urging cash-rich emerging giants, including the Gulf states and China, to dip into their pockets, although insiders say that the returns so far have been meagre.

According to the Global Fund's website, 230 million dollars has been disbursed to China for AIDS since 2003.

Yet China now has more than three trillion dollars in foreign exchange reserves and spent tens of billions on staging the 2008 Olympics and the 2010 Shanghai Expo.

Peter Piot, former head of UNAIDS, acknowledged that China has pockets of entrenched poverty and a still-low per capita income.

Even so, it was time for wealthier emerging countries to fund their own needs to help free up resources for far poorer countries, he said.

"I don't see why the Global Fund should give all that money to China, I mean they can pay for that themselves," said Piot, now director of the London School of Hygiene and Tropical Medicine.

"There's a new world order that's emerging, and except for what I would say many sub-Saharan countries and a few other countries, the rest can pay for themselves.

"You have to put the resources where the risk of infection is, and in the countries that are the poorest."




Related Links
Epidemics on Earth - Bird Flu, HIV/AIDS, Ebola

.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



EPIDEMICS
Older AIDS survivors face new challenges
San Francisco (AFP) May 30, 2011
AIDS nearly killed Lou Grosso three decades ago, but that didn't prepare him for the latest news from his doctor: he has heart disease. Like many older HIV carriers facing problems - including financial - they never expected to live long enough to confront, Grosso, 57, also suffers from aching joints, memory loss and nerve pain. Of the 14 pills he takes each day, only three are designe ... read more


EPIDEMICS
Obama offers reassurance over anti-missile plans

Lithuania will seek NATO missile assurances at Obama meet

Russia plays down missile differences with US

Medvedev warns of Cold War over missile defence

EPIDEMICS
Israel to switch Hawks for David's Sling

China 'to target 1,800 missiles at Taiwan in 2012'

Ukraine seeks talks with Romania, US on missile shield

US Army's Apache fires first Hellfire missiles at sea

EPIDEMICS
RAF Announces New Reaper Squadron

US Navy and Northrop Grumman-led UCAS-D Flight Test Team Honored Twice by USAF

Thousands protest against US drone attacks in Pakistan

Stratospheric UAV Payloads Provide New Ways to Chase Al Qaeda

EPIDEMICS
Intelsat General To Support Armed Forces Radio And Television Service

Northrop Grumman Awarded Continuing Operation of Battlefield Airborne Communications Node Contract

ADTI Launches High Performance Antenna Arrays Protype Program

Northrop Grumman Awarded Contract to Develop EHF SatComms Antenna for B-2 Bomber

EPIDEMICS
Jakarta signs deal for Korean trainer jets

Lockheed Martin Responds To US Army's CIRCM Request For Proposal

More delays in Brazil jet fighter deal

Committed to safety - flight test engineer Ina Niewind

EPIDEMICS
Obama nominates new defense, CIA chiefs

Israel wants to fast-track F-35 training

Poland to host US F-16 fighter jet rotations: US official

US lawmakers pass $690 billion Pentagon bill

EPIDEMICS
Sarkozy to tell Israel, Palestinians that peace within reach

Arab Spring, nuclear safety, occupy G8 chiefs

Walker's World: Yes, we camp

US and Britain set up joint security body: reports

EPIDEMICS
MLD Test Moves Navy A Step Closer To Lasers For Ship Self-Defense

US Navy And Northrop Grumman Accomplish Goals For At-Sea Demonstration Of Maritime Laser


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement