INDIA ANNOUNCES CONTRIBUTION OF 22MN USD TO GFTAM

Prelims level : International Organisations Mains level : GS-II- Important International Institutions, Agencies and fora- their Structure, Mandate.
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Why in News?

  • India has announced a contribution of 22 million US Dollars to the Global Fund for AIDS, TB and Malaria (GFTAM) for the 6th replenishment cycle, an increase of 10% over the amount contributed by us in the 5th cycle.

Global Fund:

  • The Global Fund is a partnership designed to accelerate the end of AIDS, tuberculosis and malaria as epidemics.
  • As an international organization, the Global Fund mobilizes and invests more than US$4 billion a year to support programs run by local experts in more than 100 countries.
  • In partnership with governments, civil society, technical agencies, the private sector and people affected by the diseases, we are challenging barriers and embracing innovation.
  • The Global Fund to Fight AIDS, Tuberculosis and Malaria were created in 2002 to raise, manage and invest the world’s money to respond to three of the deadliest infectious diseases the world has ever known.
  • The idea for the Global Fund arose from a wellspring of grass-roots political advocacy coming face-to-face with the imperatives of global leadership.
  • AIDS, TB and malaria are all preventable and treatable – but solving this problem requires the commitment not only of world leaders and decision-makers but also of those working on the ground to help the men, women and children living with these diseases.
  • The idea was discussed at a G8 summit in Okinawa, Japan, in 2000. The real commitment began to coalesce at the African Union summit in April 2001, continued at the United Nations General Assembly Special Session in June of that year.
  • This was finally endorsed by the G8 at their summit in Genoa, Italy, on July 2001.
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