The Paris Declaration on Aid Effectiveness

The Paris Declaration on Aid Effectiveness, established in 2005, is an agreement among countries and organizations to improve how international aid is delivered. It emphasizes five key principles: ownership, alignment, harmonization, results, and mutual accountability. Essentially, it encourages developing countries to take charge of their own development, ensures that aid supports their priorities, promotes coordination among donors to reduce duplication, focuses on measurable outcomes, and holds all parties accountable for results. The goal is to make aid more effective in promoting sustainable development and improving the lives of people in need.