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(2009; 23 pages) [French] [Portuguese] [Russian] [Spanish]
In February 2005, international community came together at the Paris High Level Forum on Aid Effectiveness, hosted by the French government and organized by the OECD. At the Paris meeting, more than 100 signatories—from donor and developing-country governments, multilateral donor agencies, regional development banks and international agencies—endorsed the Paris Declaration on Aid Effectiveness. The Paris Declaration went much further than previous agreements; it represented a broader consensus among the international community about how to make aid more effective. The Paris Declaration and Accra Agenda for Action are founded on five core principles, born out of decades of experience of what works for development, and what doesn't. These principles have gained support across the development community, changing aid practice for the better:
It is now the norm for aid recipients to forge their own national development strategies with their parliaments and electorates (ownership); for donors to support these strategies (alignment) and work to streamline their efforts in-country (harmonization); for development policies to be directed to achieving clear goals and for progress towards these goals to be monitored (results); and for donors and recipients alike to be jointly responsible for achieving these goals (mutual accountability).