More than that, it is an international security problem. As Kofi Annan and others have said, what we need is a war chest and a war strategy. Money alone will not solve the problem, but it is a vital part of the solution. Dramatic reductions in prices of anti-retroviral drugs are key to treatment. But even they do not provide the magic bullet.
Prevention is vital.
But prevention is costly as well. These call for a halving of the proportion of people living in extreme poverty by 2015, and also urge greater strides in reducing infant, child and maternal mortality. This would be our war chest. But as such, we would want to ensure that the proposed fund provided financing over and above existing volumes of foreign aid. To reallocate existing funds would simply be a shell game.