Subscribe to our free daily newsletters
. Earth Science News .

Subscribe to our free daily newsletters

Global Fund approves over 1 bln dlrs in new grants to fight disease

by Staff Writers
Geneva (AFP) Nov 12, 2007
The Global Fund to fight AIDS, Tuberculosis and Malaria on Monday said it has approved 73 new grants worth more than 1.1 billion dollars (757 million euros) in developing countries over the next two years.

The Fund, a public-private partnership set up by the then United Nations secretary general Kofi Annan in 2002, approved the grants during a board meeting in Kunming, China, it said in a statement.

The new grants mean the Fund's budget is now 32 percent higher than the 846 million dollars initially forecast for 2007.

AIDS projects make up 48 percent of the total, malaria 42 percent and TB 10 percent, the Fund said.

Two thirds of the projects (66 percent) are in Africa, 13 percent in Asia, 13 percent in the Middle East and 5 percent in Latin America, it added.

"This is the largest funding round in the Global Fund's history. The board is pleased with the strength and high level of ambition of the new grants and is looking forward to scaling up in the fight against the three diseases," said board chair Rajat Gupta.

For malaria, some 62 percent of the proposals were approved and 19 countries will benefit from the new packages.

The Global Fund has said it needs between 12 and 18 billion dollars to fund its existing programmes and initiate new ones between 2008 and 2010.

Email This Article
Comment On This Article

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

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

Bug-Zapper: A Dose Of Radiation May Help Knock Out Malaria
Washington DC (SPX) Nov 09, 2007
How are physicists helping an effort to eradicate malaria, the mosquito-borne disease that kills more than one million people every year" Researchers at the National Institute of Standards and Technology (NIST) used their expertise in radiation science to help a young company create weakened, harmless versions of the malaria-causing parasite. These parasites, in turn, are being used to create a new type of vaccine that shows promise of being more effective than current malaria vaccines.

  • Emergency Response
  • Electronic Nose Could Detect Hazards
  • GETAC To Showcase Fully Rugged PCs At Firerescue 2007 Conference And Exposition
  • SkyPort Signs Contract With Cisco For Emergency Response Satellite Connectivity

  • Groups oppose "ocean fertilisation" in Philippines
  • TAU Professor Finds Global Warming Is Melting Soft Coral
  • World body warns over ocean 'fertilisation' to fix climate change
  • UN climate report: already out of date

  • Earth Observation Essential For Geohazard Mitigation
  • Fujifilm Unveils GPS-Based Data Tape Tracker
  • SPOT - The World's First Satellite Messenger Now Shipping
  • Vacation Photos Create 3D Models Of World Landmarks

  • Analysis: Nigeria sees al-Qaida oil threat
  • Western Wind To Purchase 120 MW Of Wind Turbine Generators For Windstar
  • Brazil a 'green giant' in fight against climate change: UN chief
  • The Kraft Group Taps Constellation NewEnergy To Secure Wind Power For Gillette Stadium

  • Global Fund approves over 1 bln dlrs in new grants to fight disease
  • Repellents Between Dusk And Bedtime Make Insecticide-Treated Bednets More Effective
  • Bug-Zapper: A Dose Of Radiation May Help Knock Out Malaria
  • Failed AIDS vaccine may have increased infection risk

  • Researchers Successfully Simulate Photosynthesis And Design A Better Leaf
  • Massive Project Reveals Shortcomings Of Modern Genome Analysis
  • Exceptions Prove Rule Of Tropical Importance In Biodiversity
  • For Migrating Sparrows, Kids Have A Compass, But Adults Have The Map

  • What Will Become Of The Sea Of Azov
  • UN demands deal to phase-out use of mercury
  • Ignored and harassed, Indian scavengers demand better work life
  • Britain the 'dustbin of Europe': official

  • Human Ancestors: More Gatherers Than Hunters
  • Key To False Memories Uncovered
  • One-child Chinese families prefer it that way
  • Computers Learn Art Appreciation

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.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 SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement