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Article

29 Aug 2002

Author:
James Lamont, Financial Times

UN to focus on corporate help to fight Aids

The United Nations has abandoned its policy of relying on governments to tackle the HIV/Aids crisis in the developing world, saying it would now help fund corporate initiatives to provide anti-retroviral drugs to sufferers...Richard Holbrooke, president of the Global Business Coalition on Aids, a grouping of 75 international companies, and former US ambassador to the UN, said the policy change was "an important step in the right direction". He said: "If Anglo American and De Beers take leadership, it will pressure other companies to take similar steps. It will finally get corporations to take up their role in the process [to fight HIV/Aids]. Up to now, business has been doing less than 10 per cent of what they should have done."