The Global Fund's financial needs

6. ANALYSIS
10 Jan 2003

The Global Fund's Secretariat has calculated that the Fund will need to receive $3 billion in 2003 and $4.9 billion in 2004. (It bases this on its estimates of how many proposals worthy of approval will be received in future rounds.)

Of the two-year $7.9 billion requirement, the total currently pledged to be given to the Fund during those two years (plus the amount left over from 2002) comes only to about $1 billion.

The Global AIDS Alliance and others have proposed an "Equitable Contributions Framework" in which 90% of the amount needed by the Global Fund should be contributed by the 47 countries with a "high" Human Development Index (HDI), with each country's contribution being in proportion to its GDP, and that the remaining 10% should come from the private sector. (See "Filling the Funding Gap to Save Lives: A Proposal for an 'Equitable Contributions Framework' for the Global Fund", Global AIDS Alliance, 9 Oct 2002, www.aidspan.org/gfo/docs/gfo35.pdf.)

Such an approach leads to the following:

USA:

  • "Equitable contribution" during 2003-2004 = $2,749 million
  • Total pledged for those two years as of 1 Oct 2002 = $200 million (This is 7% of the USa's equitable contribution.)

(Note: Dr. Feachem has said that an appropriate share from the United States of the two-year $7.9 billion requirement "is somewhere in the range of $2.5 to $3 billion.")

European Union countries:

  • "Equitable contribution" during 2003-2004 = $2,183 million
  • Total pledged for those two years as of 1 Oct 2002 = $302 million (This is 14% of the EU's equitable contribution.)

Private sector:

  • "Equitable contribution" during 2003-2004 = $790 million
  • Total pledged for those two years as of 1 Oct 2002 = $50 million (This is 6% of the private sector's equitable contribution.)

The following table shows the "Equitable Contribution" during 2003-2004, and the total pledged for those two years as of 1 Oct 2002, for all 47 countries with a "high" Human Development Index.

All figures are in MILLIONS of US dollars.

Argentina    Equit. Contr.:    $80  Pledged:   $0 Australia    Equit. Contr.:   $111  Pledged:   $0 Austria      Equit. Contr.:    $54  Pledged:   $0 Bahamas      Equit. Contr.:     $2  Pledged:   $0 Bahrain      Equit. Contr.:     $2  Pledged:   $0 Barbados     Equit. Contr.:     $1  Pledged:   $0 Belgium      Equit. Contr.:    $65  Pledged:   $6 ( 9% of Eq. Cont.) Brunei       Equit. Contr.:     $2  Pledged:   $0 Canada       Equit. Contr.:   $190  Pledged:  $25 (13% of Eq. Cont.) Chile        Equit. Contr.:    $20  Pledged:   $0 Costa Rica   Equit. Contr.:     $5  Pledged:   $0 Croatia      Equit. Contr.:     $6  Pledged:   $0 Cyprus       Equit. Contr.:     $2  Pledged:   $0 Czech Rep.   Equit. Contr.:    $14  Pledged:   $0 Denmark      Equit. Contr.:    $45  Pledged:   $0 Estonia      Equit. Contr.:     $2  Pledged:   $0 Finland      Equit. Contr.:    $33  Pledged:   $0 France       Equit. Contr.:   $356  Pledged:  $49 (14% of Eq. Cont.) Germany      Equit. Contr.:   $521  Pledged:  $34 ( 7% of Eq. Cont.) Greece       Equit. Contr.:    $32  Pledged:   $0 Hungary      Equit. Contr.:    $13  Pledged:   $0 Iceland      Equit. Contr.:     $2  Pledged:   $0 Ireland      Equit. Contr.:    $26  Pledged:   $0 Israel       Equit. Contr.:    $31  Pledged:   $0 Italy        Equit. Contr.:   $300  Pledged: $100 (33% of Eq. Cont.) Japan        Equit. Contr.: $1,304  Pledged:   $0 Kuwait       Equit. Contr.:     $9  Pledged:   $0 Lithuania    Equit. Contr.:     $3  Pledged:   $0 Luxembourg   Equit. Contr.:     $6  Pledged:   $1 (18% of Eq. Cont.) Malta        Equit. Contr.:     $1  Pledged:   $0 Netherlands  Equit. Contr.:   $102  Pledged:  $44 (43% of Eq. Cont.) New Zealand  Equit. Contr.:    $14  Pledged:   $0 Norway       Equit. Contr.:    $42  Pledged:   $0 Poland       Equit. Contr.:    $44  Pledged:   $0 Portugal     Equit. Contr.:    $29  Pledged:   $0 Qatar        Equit. Contr.:     $3  Pledged:   $0 Singapore    Equit. Contr.:    $26  Pledged:   $0 Slovakia     Equit. Contr.:     $6  Pledged:   $0 Slovenia     Equit. Contr.:     $5  Pledged:   $0 South Korea  Equit. Contr.:   $128  Pledged:   $0 Spain        Equit. Contr.:   $156  Pledged:   $0 Sweden       Equit. Contr.:    $64  Pledged:  $29 (45% of Eq. Cont.) Switzerland  Equit. Contr.:    $67  Pledged:   $5 ( 7% of Eq. Cont.) U.A.Emirates Equit. Contr.:    $13  Pledged:   $0 UK           Equit. Contr.:   $395  Pledged:  $39 (10% of Eq. Cont.) USA          Equit. Contr.: $2,749  Pledged: $200 ( 7% of Eq. Cont.) Uruguay      Equit. Contr.:     $6  Pledged:   $0
Pvt. Sector  Equit. Contr.:   $790  Pledged:  $50 ( 6% of Eq. Cont.)

(Note: It is believed that since 1 October 2002 there have been a few new pledges, and that a few countries that had previously made pledges for unspecified years have become more specific. But none of that information has been made public.)


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