The Paris Declaration

The Paris Declaration, finalized in 2005, is a commitment by countries and organizations to improve how they deliver aid to developing nations. It aims to make aid more effective by promoting principles such as ownership (empowering countries to lead their own development), alignment (ensuring donor support matches country priorities), harmonization (coordinating international efforts), managing for results (focusing on the outcomes of aid), and mutual accountability (both donors and recipients being responsible for results). Overall, it seeks to enhance collaboration and efficiency in the aid process, ultimately improving development outcomes for the countries receiving support.