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The Earth Times | Posted March 26, 2002




FINANCING FOR DEVELOPMENT

Financing the battle against HIV/AIDS

> BY JAY NEWTON-SMALL
Copyright © 2002 by The Earth Times. All rights reserved


MONTERREY, Mexico -- While much discussion this week has revolved around financial issues, such as taxes, transparent financial systems and embezzlement, it is often easy to forget the grassroots issues that this money will go to fund.

In a world of often-overlooked issues such as water and land fatigue, the issue of HIV/AIDS and health funding-until recently marginalized-seems to have the attention of the UN Secretary General and others.

As former US President Jimmy Carter pointed out at the International Conference on Financing for Development, "The World Bank, and the IMF gave most of their loans in years past to build grandiose projects-big power dams, four-lane highways, convention centers and so forth-hoping to attract foreign investment. And that's where a lot of the waste and corruption was going on. But when you get down to the allocation of funds for health, in a particular disease whether it's malaria, or tuberculosis or AIDS, if politicians begin to steal that money they are much more likely to get caught. And the people will rise up and demand that the waste be stopped."

Response time is crucial in the case of a health pandemic like HIV/AIDS, and some experts say the problem has grown to a proportion the cost of which may not be known for generations.

"We've talked a lot this week about partnerships," said Jeffrey Sachs, a professor at Harvard University and development expert, said. "Partnerships between the developed and developing world, well you aren't going to have much of a partnership if your partner is dead." Representatives of the Joint United Nations Programme on HIV/AIDS (UNAIDS) are at the conference, watching with hope and wondering if any of the pledged money will come to them-although the details of the US and European pledges will not be known for months, and the money may not be seen for years.

Although public and private donors alike helped raise $2 billion for UN Secretary General Kofi A. Annan's Global Fund to Fight AIDS, advocates say much more is needed.

"So if you look at it broadly, our estimate is that it will be in the range of $7 to $10 billion per year. That includes private resources, and national resources," said Marika Fahlen, UNAIDS Director of Social Mobilization and strategic Information, in an interview with The Earth Times. "There is about $2 billion now. This is the need for resources; at the moment a large part of the money comes from the pockets of those infected, or from their families. The $7 to $10 billion is the UNAIDS estimate from 2000. More recently, Jeffrey Sachs estimated that $14 billion per year would be required. He looked a little farther ahead than we did."

The HIV/AIDS pandemic is not mentioned in the Monterrey consensus, but Fahlen hopes that it will be mentioned in whatever form the final document may take.

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