Abstract

In February 2005 the international community came together at the Paris High Level Forum on Aid Effectiveness. 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. It represents a broader consensus among the international community about how to make aid more effective. It focuses on the principles of ownership, alignment, harmonization, results, and mutual accountability. It outlines 12 indicators to provide a measurable and evidence-based way to track progress, and sets targets for 11 of the indicators to be met by 2010.