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Investing in the battle against Aids |
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Good afternoon. I've been invited here to tell you about the AIDS epidemic, and how I think it should be combated. |
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Let me start with a few facts. |
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Ninety-five percent of all the AIDS patients live in Africa. On that continent, more than 2 million people are diagnosed as having AIDS each year and more than 25 million Africans are infected with the HIV virus. |
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The disease causes lower economic growth and puts a heavy burden on public facilities. |
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Moreover, it causes millions of Africans to live in poverty. |
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In order to improve the African situation, a multibillion dollar effort is needed. |
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In this presentation I want to try to convince you that it is possible to raise the money needed to reverse the course of AIDS in Africa. |
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I'll firstly give you an idea of how much money is needed, and then I'll explain how the money can be raised with the help of governments, banks, charitable organisations and companies. |
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I'll finish up by proposing some steps to be taken in the future. |
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The investments that are required to fight AIDS in Africa effectively are ten times the amount that is spent at the moment. |
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African countries spend 300 to 400 million dollars a year on AIDS. |
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According to UNAIDS, around 3 billion dollars a year are needed to reverse the course of AIDS. |
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This calculation is based on a comparison of the level of prevention and care in those countries that are successfully combating aids with those African countries in which the fight is not succeeding. |
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It is estimated that 1.3 billion dollars is needed for AIDS care and support, 1.2 billion dollars for antiretrovirals, which slow down the disease, and 500 million dollars to strengthen national coordinating bodies. |
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Now let me explain to you how the billions that are needed to fight aids can be raised. |
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Bilateral government grants are one source. |
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Currently, only one percent of the 27 billion dollars a year that are made available through theOrganization for Economic Cooperation and Development is spent on AIDS issues. |
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This percentage should be raised to approximately 4 percent, which would generate 1.1 billion dollars. |
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In June 2001, Amir Attaran, a scientist, argued in The Lancet that a much larger amount of money can easily be made available by OECD countries, whose joint national income he estimates as over 21 trillion dollars per year. |
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Other funds can be raised via multinational banks. The World Bank is already giving 500 million dollars for the Multicountry AIDS Program, but they can do more than that. |
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They, together with the African Development Bank, should contribute 600 million dollars a year. |
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This amount could be granted or lent. |
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On 17 May 2001, The Washington Post reported that the French Finance Minister, Laurent Fabius, had proposed to his Group of Seven colleagues that more grants should be given for this purpose. |
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His suggestion has not yet been followed. |
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The third source of funds is charitable organisations and non-governmental organisations, or NGOs. |
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It is striking that only one percent of the funds raised by charitable organisations is directed towards combating AIDS. |
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In the UK, more than 50 NGOs have joined in an NGO AIDS consortium. |
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By pooling their expertise they expect to raise more money. |
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Their example should be followed by other NGOs. |
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By joining forces they should be able to raise the amount of 300 million dollars a year. |
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Finally, corporate gifts may be an important source. |
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Corporate giving is a multibillion dollar business. |
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A few companies have shown that they are very concerned about AIDS. |
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In 1998, Microsoft founder Bill Gates donated 750 million dollars to a global fund for HIV vaccines for children. |
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He promised that he would eventually donate 4 billion dollars. |
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If other large corporations follow his example, it shouldn't be difficult to raise around one billion dollars a year. |
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Let me conclude this presentation by saying that I realise that much of what I've said depends on setting political priorities. |
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Governments, banks, charitable organisations and companies must be willing to invest in the battle against AIDS. |
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If they don't want to make the investment, nothing will change. |
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I want to convince you that itis possible to solve the problem. |
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What we, the people, should do is try to convince the politicians, managers and donors that they can make a difference. |
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As Mr Mandela once said about Bill Gates, 'as long as we have men and women of this calibre, our country, the world is safe, and we are going to continue making progress, whatever the problems'. |