Kids’s Funding Fund Basis (CIFF) commits US$33 million to interrupt the cycle of HIV transmission – Press releases
Kids’s Funding Fund Basis (CIFF) commits US$33 million to interrupt the cycle of HIV transmission
September 08, 2022
The World Fund to Battle AIDS, Tuberculosis and Malaria Collaborates with CIFF to Launch Catalytic Fund for HIV
- The Kids’s Funding Fund Basis (CIFF) is committing US$33 million for a catalytic fund to speed up progress in opposition to HIV transmission in as much as 5 precedence international locations in Africa. This is a rise of greater than 30% over CIFF’s earlier funding dedication. The World Fund expects to match not less than 1.5 to 1.
- The Catalytic Fund is concentrated on decreasing the variety of new HIV infections, a crucial step within the struggle in opposition to the illness.
LONDON / GENEVA – The World Fund to Battle AIDS, Tuberculosis and Malaria Welcomes the Kids’s Funding Fund Basis (CIFF) Pledge of US$33 Million to Speed up Progress in struggle in opposition to HIV transmission in as much as 5 precedence international locations in Africa. The World Fund expects to match not less than US$1.5 for each greenback dedicated by CIFF.
“Whereas testing and remedy are important instruments within the struggle in opposition to HIV, the last word aim is to stop transmission within the first place,” stated Peter Sands, Govt Director of the World Fund. By the focused deployment of pre-exposure prophylaxis (PrEP), we are able to considerably scale back the variety of new HIV infections. We’re extraordinarily grateful to CIFF for his or her new dedication, and we’re proud to proceed working with them. »
To scale back HIV infections by 90% by 2030, 10 million individuals on PrEP, or pre-exposure prophylaxis, are wanted in precedence international locations. PrEP is a drug that individuals vulnerable to contracting HIV can take to stop HIV an infection. When taken as prescribed, PrEP reduces the chance of contracting HIV by way of intercourse by roughly 99%.
The World Fund and CIFF have been companions within the struggle in opposition to HIV since 2015. In 2019, CIFF and the World Fund launched a catalytic funding of US$25 million to broaden entry to HIV self-testing in international locations the place tens of millions of individuals dwell with out realizing their HIV standing. This mechanism is resulting in exceptional progress in sub-Saharan Africa, the place the vast majority of people who find themselves undiagnosed with HIV dwell. In 5 of Africa’s poorest international locations, the distribution of self-tests has grown from a couple of thousand in 2019 to greater than 3 million in 2021. The partnership combines CIFF’s expertise in progressive approaches and , and the World Fund’s expertise in supporting HIV applications, scaling up improvements and new merchandise, and nationwide management within the HIV response.
“The World Fund has a confirmed monitor file of deploying well-governed public-private partnerships as a part of its country-led method to bringing confirmed improvements to scale,” stated Chris Hohn, Founding father of CIFF. Equal entry to life-saving merchandise like PrEP is sadly not one thing that’s taken with no consideration all over the world. Well timed catalytic investments, with organizations just like the World Fund, can change that. By rising the affect of philanthropic funds, catalytic investments can save tens of millions of lives. »
In international locations the place the World Fund invests, the full variety of AIDS-related deaths has fallen by 65% for the reason that group was established in 2002. Nevertheless, the COVID-19 pandemic has threatened to reverse this extraordinary progress. For the primary time within the historical past of the World Fund, in 2020, key HIV prevention and testing companies recorded declines in comparison with the earlier yr.
CIFF’s dedication of US$33 million, which represents a rise of greater than 30% over its earlier dedication, comes forward of the World Fund’s Seventh Replenishment, which goals to elevating US$18 billion to fund its subsequent three-year grant cycle. The World Fund estimates that funding as much as US$18 billion would save a further 20 million lives and strengthen well being and group programs for pandemic preparedness.
About CIFF: The Kids’s Funding Fund Basis (CIFF) is an unbiased philanthropic group, with workplaces in Addis Ababa, Beijing, London, Nairobi and New Delhi. Established in 2002, CIFF works with a variety of companions who search to rework the lives of kids and adolescents in creating international locations. CIFF’s areas of labor embrace sexual and reproductive well being, maternal and baby well being, alternatives for ladies and younger girls, combating baby slavery and exploitation, and supporting smarter methods to gradual and cease local weather change.
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