Each year HIV, tuberculosis (TB) and malaria claim more than three million lives, and affect the health of hundreds of millions of others.
By next January, 600,000 children under the age of five will have died from malaria, while TB will create another 10 million orphans. The global economic impact of these diseases is in the hundreds of billions of dollars, dwarfing the efforts of all foreign aid.
The Global Fund to Fight AIDS, TB and Malaria is the largest single source of resources to battle these three terrible scourges. This year the fund will be tapped out, and the world‚Äôs donors have been called to replenish it. While the world‚Äôs economy still has not recovered from the recession, major donor countries have recently stepped up with $12 billion, a 15 per cent increase in funding.
Canada too played its part, pledging a 20 per cent increase in our commitment to the Global Fund, for a total of $650 million, an amount exceeded by only six other nations. Canadians can be proud of their federal government and Minister Paradis for this commitment on their behalf, as this renewed funding will ensure that the Global Fund will not only continue to save countless lives, but will be able to serve even more people grappling with these terrible diseases.