The two-day 14th steering committee meeting of the Global Partnership on Global Partnership for Effective Development Co-operation (GPEDC) ended in Dhaka on Wednesday, agreeing tangible next steps to make progress towards development co-operation.
The agreement includes helping all developing countries in translating development principles into action at country level, expanding the audience to bring in private sector and emerging economies, strengthening monitoring and review of progress made and fostering more structured knowledge sharing across the vibrant and ever growing development community.
“If our principles are not recognised and observed, countries may struggle to achieve the Sustainable Development Goals,” Finance Minister AMA Muhith, also co-chair of the GPEDC, said at the closing meeting held at a city hotel in Dhaka.
The minister also welcomed the concrete steps the Global Partnership is taking to make progress in using all types of international development co-operation more effectively. Muhith reassured the international community of Bangladesh’s progress on development effectiveness, a key priority to achieve the global development goals agreed in 2015 by world leaders in New York.
Bangladesh is a global leader in development effectiveness in terms of effective working with the private sector to create shared value and benefits for business and development alike.
Another co-chair and also Director at German Ministry of Economic Cooperation and Development Dominik Ziller said, “There is a need to build on existing efforts to strengthen political momentum to establish development effectiveness as a key pillar of the global development agenda, and in particular to engage better southern partners.”
Ugandan Aid Liaison official and a Co-Chair Fred Tabura announced that a forthcoming GPEDC steering committee meeting will be held in Uganda later next year.
The meeting brought together a wide range of senior officials from governments, civil society and the private sector. The GPEDC steering committee consists of 25 global development constituencies, who were also present.
The steering committee meets twice a year to take stock of progress on implementation of the development effectiveness principles, agreed at the 4th high-level forum on aid effectiveness in 2011 in Busan.
The conference in 2011 established the Global Partnership as a unique global platform for all stakeholders to help maximise the effectiveness of all types of development co-operation – country ownership, results, inclusive partnerships, and transparency and accountability, among others. Bangladesh co-chairs the Global Partnership together with the governments of Germany and Uganda.