In this post on the Center for Global Development’s (CGD) “Global Health Policy” blog, Amanda Glassman, a research fellow and director of global health policy at CGD, explains why the banking background of the new general manager of the Global Fund to Fight AIDS, Tuberculosis and Malaria, Gabriel Jaramillo, “should serve him well.” She says that obtaining the highest health return on investment “requires a fundamental rethink of the organization’s role as a commissioner of or payer for health services and, ultimately, health outcomes. Instead of a passive cashier, the fund can become an active and strategic investor in the shared enterprise of producing health results. And that is a banker’s business” (1/30).
“Hundreds of HIV-positive Kenyans protested outside the European Union’s Nairobi office on Monday, accusing the E.U. of causing unnecessary deaths by cutting funding to” the Global Fund to Fight AIDS, Tuberculosis and Malaria, AlertNet reports. Late last year, the Global Fund announced it would not hold a new round of grants until 2014, the news service notes, adding, “The demonstrators called on the Global Fund to hold an emergency donor conference to raise $2 billion so developing countries can apply for grants this year” (Migiro, 1/30). Though no new grants will be awarded before 2014, the Global Fund “has set up what it calls a ‘transitional funding mechanism,’ which covers the continuation of essential services” of existing grants, VOA News writes (Majtenyi, 1/30).
Last week, the Global Fund to Fight AIDS, Tuberculosis and Malaria celebrated its 10-year anniversary. The following are summaries of two opinion pieces written in recognition of this milestone.
In an article examining recent developments at the Global Fund to Fight AIDS, Tuberculosis and Malaria, the Wall Street Journal interviews Gabriel Jaramillo, the Colombian-born Brazilian citizen and former CEO of Sovereign Bank who will become the fund’s new general manager this week. Following “disclosures of misused funds and a slowdown in global donations,” the “new chief … plans a major overhaul of operations following an assessment urging improved management,” according to the newspaper.
In this New York Times opinion piece, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, writes that people’s willingness to donate billions of dollars for humanitarian relief efforts “is a testament to human beings’ generosity. But that fact of our generosity also explains why I am so frustrated by the increasing opposition in many rich countries to foreign aid.” Gates examines the underlying reasons keeping people “from supporting government investment to alleviate extreme suffering” and counters “the argument that aid doesn’t work even when it gets to its intended recipients” by providing a number of examples of advancements made in global health in recent years “due in large part to aid-funded programs.”
Speaking at the World Economic Forum in Davos, Switzerland, on Thursday, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, pledged $750 million on behalf of the foundation to the Geneva-based Global Fund to Fight AIDS, Tuberculosis and Malaria, the Associated Press reports. Gates said the donation, which comes on top of $650 million contributed by the foundation to the fund over the last decade, “is meant to encourage other potential donors,” the AP notes (Heilprin/Jordans, 1/26). According to the Financial Times, the Global Fund “will receive the money within five years, but with the option to draw on the total amount immediately to cover temporary shortfalls in cash from its other donors, most of whom are industrialized nations’ official development agencies” (Jack, 1/26).
“Are we watching the rebirth of the troubled Global Fund to Fight Aids, Tuberculosis and Malaria, perhaps in a new, more U.S.-flavored guise?” Guardian health editor Sarah Boseley asks in her “Global Health Blog.” She writes, “The Fund has been in the mire now for some time after revelations that some of its grants fell into corrupt hands, short of money and unable to agree new grants to developing countries badly in need of disease-fighting programs,” adding, “But the dramatic events of the past few days suggest the Global Fund’s fortunes might be on the turn as it hits its tenth anniversary.”
“This week marks the 10th anniversary of the creation of the Global Fund to Fight AIDS, Tuberculosis and Malaria — the world’s most powerful tool for improving health — at the World Economic Forum (WEF) in Davos, Switzerland,” Natasha Bilimoria, president of Friends of the Global Fight Against AIDS, Tuberculosis and Malaria, writes in this post in the AlertNet “Insight” blog. During an announcement at the WEF on Wednesday that the Bill & Melinda Gates Foundation will donate an additional $750 million to the Global Fund, Bill Gates said, “By supporting the Global Fund, we can help to change the fortunes of the poorest countries in the world,” Bilimoria says, writing, “He’s right. … In total, the Global Fund is responsible for saving the lives of roughly 4,400 people every day.”
“The global economic downturn and the euro-zone crisis may stand in the way of efforts to reduce poverty and disease around the world,” Bill Gates, co-chair of the Bill & Melinda Gates Foundation said on Wednesday in a talk at the London School of Economics sponsored by the Global Poverty Project, Bloomberg reports. Gates noted that “‘incredible progress’ had been made toward reducing poverty and disease,” and said, “There are many things going on in terms of the euro-zone crisis, budget cutbacks, that would make it easy to turn inward and actually reduce the financing that has led to so much progress,” according to the news service.
Global Fund to Fight AIDS, Tuberculosis and Malaria Executive Director Michel Kazatchkine on Tuesday announced he will “step down in mid-March after leading the organization for five years,” according to a Global Fund press release (1/24). In a message to staff, Kazatchkine said he “concluded that I should not continue as executive director” following a November decision by the Global Fund Board to “appoint a general manager to oversee implementation of the Consolidated Transformation Plan who will report directly to the Board.” The statement continues, “I respect this decision and trust that it was made in the best interests of the Global Fund. … I am committed to an orderly transition, and I will do all that I can to ensure that the Global Fund emerges from it as a stronger organization” (1/24). In a statement, Board Chair Simon Bland said, “I thank Michel for his remarkable contribution and I look forward to working with him to ensure an efficient transition” (1/24).