At the end of November, the 4th High Level Forum on Aid Effectiveness, held in Busan, will assess the impact and progress of development aid

In September 2008, development partners came together for the Third High Level forum in Ghana. At Accra, donors and partner country governments recognised that strengthening national ownership of development required a wider dialogue that fully includes parliaments, local authorities and civil society organisations as well as south-south cooperation.
The Accra Agenda for Action gave new impetus to the Paris principles. Agreement was reached on:

1. Predictability. Donors provide, when possible, 3- to -5 year estimates of their planned aid.
2. Country systems. Partner countries strengthen their capacities; developing country systems are used to deliver aid as the first option.
3. Conditionality. Donors switch from prescriptive conditions about how and when aid money is spent to conditions based on the developing country’s own development objectives.
4. Untying. Donors relax restrictions that prevent developing countries from buying the goods and services they need from whomever and wherever they can get the best quality at the lowest price.

Ministers from across the globe, from both developing and donor countries, government representatives, parliamentarians, civil society organisations and private sector representatives will convene for the Fourth High-Level Forum on Aid Effectiveness at the Bexco convention centre in Busan, Korea, from 29 November to 1 December 2011.

Approximately 2000 delegates will review global progress in improving the impact and value for money of development aid and make new commitments to further ensure that aid helps reduce poverty and supports progress in meeting the Millennium Development Goals.
At the end of the proceedings, will be publish the Busan Outcome Document to further enhance efforts globally and within countries to make aid more effective in reducing poverty and achieving the Millennium Development Goals.

further info:
http://www.aideffectiveness.org/busanhlf4/