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Thursday, 01 December 2011

At Busan, EU announces new transparency and coordination initiative

Speaking at the Busan High Level Forum on Aid Effectiveness (HLF4), Development Commissioner, Andris Piebalgs, presented the European Union's new proposals to make its aid more effective: EU Joint Programming, which involves EU donors working together on aid delivery and then dividing the work needed in the most efficient way, and an EU Transparency Guarantee, which means that EU Member states will publicly disclose all information on aid programmes so that it can be more easily accessed, shared and published.

The EU also underlined the need to focus more on how aid is delivered on the ground, and encourage partner countries to take forward new 'Country Compacts', which are flexible agreements in place to enable different development partners to better respond to countries' priorities and specific needs on the ground at the time. […]

Over 2000 participants are attending the High Level Forum for Aid Effectiveness (HLF4) event in Busan, South Korea, between 29 November and 1st December, which follows on from previous aid effectiveness events at Paris and Accra. One of the main objectives of the event is to agree on a new and inclusive Global Partnership for Effective Development Cooperation - an arrangement to include partner countries as well as their development partners, including emerging economies, the private sector and civil society organisations from across the world.

High profile attendees at the HLF4 event include, UN Secretary- General, Ban Ki-moon, Korean President, Lee Myung-bak, US Secretary of State, Hillary Clinton and Jordan’s Queen Rania.

Source: European Commission