The United Nations Global Fund is a sound institution and very worthy of greater funding. The UN Global Fund helps many 3rd world countries that are in need of food and medical supplies. They also help the world as a whole with combating very terrible diseases, include AIDs, malaria amongst others.
Yes, the UN Global Fund is a worthy cause, because it combats such diseases as malaria, tuberculosis and AIDS, which are ravaging the developing world's population. While malaria and tuberculosis are largely under control in the West, refusing to help the rest of the world eradicate those diseases is unacceptable.