To be sure, the colleges and research institutes of the world will have their hands out and all the i's dotted and t's crossed in their grant proposals at the G-8 Summit.
Members of the Group of Eight nations are planning to unveil their commitments to spend more to fight HIV/AIDS pandemic.
Bush set the stage by asking Congress for a $30 billion, five-year extension of the President's Emergency Plan for AIDS Relief.
"UNAIDS estimates indicate that global funding for HIV/AIDS efforts will increase to about $10 billion in 2007 from about $8.9 billion last year. The agency said that $18.1 billion is needed to fight HIV/AIDS this year, and it estimates that about $22.1 billion will be needed to fight the pandemic in 2008."
Germany, for its part will spend about 400 euros ($536.8 million) to fight HIV/AIDs in 2007.
Question is: What are the other six countries planning to commit?
More importantly...how will the money be spent?
Do you think the war against HIV/AIDS is winnable?
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» Is the G8 Summit More Public Relations than Politics? from MarketingBlurb
The 33rd annual G8 Summit is being held in Heiligendamm, Germany from June 6-8, 2007. The G8 is made up of eight of the world's wealthiest countries representing approximately 65% of the world's economic output and 14% of the populat... [Read More]
Tracked on: June 5, 2007 1:24 PM | Permalink to Trackback