As we embrace the diversity that underpins our partnership and the catalytic role of development co-operation, we share common principles which consistent with our agreed international commitments on human rights, decent work, gender equality, environmental sustainability and disability form the foundation of our co-operation for effective development.

– Busan, 2011

1. Ownership of development priorities by developing countries

Partnerships for development can only succeed if they are led by developing countries, implementing approaches that are tailored to country-specific situations and needs.

2. Focus on results

Our investments and efforts must have a lasting impact on eradicating poverty and reducing inequality, on sustainable development, and on enhancing developing countries’ capacities, aligned with the priorities and policies set out by developing countries themselves.

3. Inclusive development partnerships

Openness, trust, and mutual respect and learning lie at the core of effective partnerships in support of development goals, recognising the different and complementary roles of all actors.

4. Transparency and accountability to each other

Mutual accountability and accountability to the intended beneficiaries of our co-operation, as well as to our respective citizens, organisations, constituents and shareholders, is critical to delivering results. Transparent practices form the basis for enhanced accountability.

These shared principles will guide our actions to:

  • Deepen, extend and operationalise the democratic ownership of development policies and processes.
  • Strengthen our efforts to achieve concrete and sustainable results. This involves better managing for results, monitoring, evaluating and communicating progress; as well as scaling up our support, strengthening national capacities and leveraging diverse resources and initiatives in support of development results.
  • Broaden support for South-South and triangular co- operation, helping to tailor these horizontal partnerships to a greater diversity of country contexts and needs.
  • Support developing countries in their efforts to facilitate, leverage and strengthen the impact of diverse forms of development finance and activities, ensuring that these diverse forms of co-operation have a catalytic effect on development.

We recognize the urgency with which these actions must be implemented. Beginning implementation now – or accelerating efforts where they are ongoing – is essential if our renewed approach to partnership is to have the maximum possible impact on the realisation of the Millennium Development Goals by 2015, as well as on development results over the longer term. We will hold each other accountable for implementing our respective actions in developing countries and at the international level. As we focus on implementing our commitments at the country level, we will form a new, inclusive Global Partnership for Effective Development Co-operation to support implementation at the political level..

– Busan, 2011

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