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2010-02-17 03:38:14 |
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Paris Declaration on Aid Effectiveness |
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In September 2000 world leaders made a series of historic commitments at the United Nations Millenium Summit in which they pledged to work together to free mankind from extreme poverty. In the following year UN's General Assembly adopted a solution called the 'Millenium Development Goals (MDGs)' to support the spirit of the Millenium Declaration. The international community had begun to seriously reflect on the fact that despite tremendous amount of development assistance being put into recipient countries how the outcome is far from satisfactory. This brought a strong call for reconsideration on the system of development assistance and lead to the 'Paris Declaration on Aid Effectiveness' which was adopted at the third High Level Forum held on March 2005. The Paris Declaration lays out a practical roadmap which implies five fundamental principles to improve the quality of aid and its impact on development. - Ownership - Alignment - Harmonization - Managing for results - Mutual Accountability In order to encourage donors to fulfill the requirements, the Declaration suggested 12 indicators targeting 2010 and would make a periodical check-up on the progress of achievements. Korea who has also signed the Paris Declaration will not only put every efforts in fulfilling that commitment but play an important role in this reform as she will host the fourth High Level Forum on Aid Effectiveness in 2011. |
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