Most of the financial support to fight malaria comes via the Global Fund to Fight AIDS, Tuberculosis, and Malaria, a UN-backed multi-billion dollar initiative funded largely by U.S. taxpayers. The Fund has been highly successful in getting life-saving medicines and other commodities into poor countries. However, the Fund has crept away from its core mission of funding commodities for the public sector and toward the more complex task of building health systems, which should be the purview of other, more competent organizations. The Fund is now throwing money at a speculative financing mechanism that amounts to an expensive experiment. By trying to do too much, the Fund has run into problems with stolen money and drugs.

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