GLOBAL FUND FOR HEALTH

Motion Text

That this House believes that the Global Fund to fight AIDS, TB and Malaria has shown the capacity to mobilise significant new financial resources to fund high-quality proposals from developing countries but notes that it does not have enough resources to fund Round 3 proposals in October 2003; further notes the US government is willing to donate US$1 billion to the Fund but only if matched by money from other rich countries; and calls upon the Secretary of State for International Development to urgently announce new funding for the Global Fund to allow Round 3 to go ahead and to commit significant future resources in partnership with other European countries.