Vale joins Global Fund in the fight against malaria

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12/2/2013

Vale joins Global Fund in the fight against malaria

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Vale will donate US$3 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria, to help maintain programs to combat malaria in Mozambique and Malawi over the 2013 – 2015 period. The donation is the first direct contribution by a Latin American company to the Fund, an international organization supported by the UN. The partnership agreement will be signed on Monday, December 02, at a ceremony in Washington D.C., USA.

"We strongly welcome Vale's contribution to the Global Fund and commend the company for taking this important step," said Dr. Mark Dybul, Executive Director of the Global Fund. "The private sector is playing a pivotal role in supporting the fight against the diseases, through monetary contributions or in-kind donations. Vale’s donation sets an example to be followed by other companies.”

In Mozambique, Vale operates a coal mine in Moatize and is also in the process of developing a port and railway infrastructure project in the region that traverses the whole of Malawi. Vania Somavilla, Vale’s executive director of Human Resources, Health and Safety, Sustainability and Energy, believes that the company’s initiative in supporting the Fund is milestone. “For years Brazil was the target of humanitarian initiatives, and the country has in the past received financing from the Global Fund itself. Now it’s time for us to assume our role as an emerging power and contribute to fighting diseases such as malaria,” she said.

The Global Fund

The Global Fund to Fight AIDS, Tuberculosis and Malaria is an international financing institution dedicated to the raising and distribution of resources for the prevention and treatment of AIDS, tuberculosis and malaria. The entity supports more than one thousand programs in 151 countries. In the last year alone, 400,000 people were able to begin anti-retroviral treatment through programs supported by the Fund. In total, 3.2 million have benefitted from the treatments offered.

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Vale joins Global Fund in the fight against malaria