1. Vincent Grimaud, Head of Unit
AID & DEVELOPMENT EFFECTIVENESS INTRODUCTION TO THE MAIN OUTCOMES OF BUSAN HIGH LEVEL FORUM
Vincent Grimaud, Head of Unit
Unit for Aid and Development Effectiveness and Financing EuropeAid (DEVCO A3)

2. Aid and Development Effectiveness Agenda

3. I. Main outcomes of Busan
Inclusiveness: common goals and shared principles – differential commitments (emerging economies, private sector, CSOs,…)
New governance structure: Global Partnership for Effective Development Cooperation, supported by OECD and UNDP
Focusing and deepening aid effectiveness commitments: ownership, accountability for results, transparency, reduced fragmentation, New Deal for fragile states
Conceptual shift from aid to aid and development effectiveness: aid as a catalyst – focus on development results

4. Agreement of shared principles
Ownership of development priorities by developing countries
Focus on results
Inclusive development partnerships
Transparency and accountability to each other

5. Five Paris principles remain valid, the focus in aid effectiveness develops
Ownership: Democratic ownership
Alignment: Effective Institutions
Harmonisation: fragmentation, aid orphans
Managing for results: measurement, reporting
Mutual accountability: not only for commitments, but also results

6. Key issues for way forward
Agreement on Global Partnership Governance structure and monitoring framework
Follow-up to time-bound commitments
Focus on country level implementation of commitments, including supporting partner country leadership