Kofi Annan, secretary general of the United Nations, asked leaders of U.S. foundations to help finance his proposed $7 billion to $10 billion global fund to fight aids and other diseases, The Wall Street Journal reported May 1.
“Let’s be in no doubt: The world has the resources to defeat this epidemic if it really wants to,” he said in a speech in Philadelphia at the annual conference of the Council on Foundations. “Is the will there? We will find out.”
Global funding to fight AIDS currently totals an estimated $1 billion.
At the same time, international finance officials ended a three-day meeting in Washington, D.C., promising to combat poverty and the spread of infectious diseases in poor countries, BBC News reported May 1.
They vowed to create a multi-billion-dollar fund to buy cheap drugs to fight HIV/AIDS in poor regions such as Africa.
For full story, go to Northern Light and BBC News.