The Busan Partnership for Effective Development Cooperation July 2012 Shared principles to achieve common goals The Busan Partnership document specifically highlights a set of common principles for all development actors that are key to making development cooperation effective.
• Ownership of development priorities by developing counties:
Countries should define the development model that they want to implement.
• A focus on results:
Having a sustainable impact should be the driving force behind investments and efforts in development policy making
• Partnerships for development:
Development depends on the participation of all actors, and recognises the diversity and complementarity of their functions.
• Transparency and shared responsibility:
Development co-operation must be transparent and accountable to all citizens
These principles are recognised and accepted by all those involved in development co-operation, from donor and recipient country governments to providers of south-south cooperation, international organisations, civil society, parliamentarians and local government.
The wide participation of a range of actors with differentiated responsibilities and shared goals is one of the notable characteristics of this partnership. A new impetus to the efficiency agenda The Paris Declaration and Accra Agenda for Action defined principles and established commitments that have contributed to improving the quality of aid.