Busan Partnership for Development Effectiveness
Busan Partnership for Effective Development Cooperation 1st December 2011 - After extended negotiations, 18 sherpas elected to represent a wide group of stakeholders reached agreement on the Busan Partnership for Effective Development Cooperation. This declaration for the first time establishes an agreed framework for development cooperation that embraces traditional donors, South-South cooperators, the BRICs, CSOs and private funders. This marks a turning point for international development cooperation. The process has been guided by the Working Party on Aid Effectiveness (WP-EFF), which brings together representatives of over 80 countries and organizations.