G8 Kananaskis Africa Action Plan

Sectors : Quality of aid
Organisation : G8
Date made: 
2002
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Commitments in: Financing for Development - Quality of aid

“III. Fostering Trade, Investment, Economic Growth and Sustainable Development...

...we commit to...

3.6 Improving the effectiveness of Official Development Assistance (ODA), and strengthening ODA commitments for enhanced-partnership countries – including by:
• Ensuring effective implementation of the OECD/DAC recommendations on untying aid to the Least Developed Countries;

• Implementing effectively the OECD agreement to ensure that export credit support to low income countries is not used for unproductive purposes;

• Supporting efforts within the DAC to reduce aid management burdens on recipient countries and lower the transactions costs of aid;

• Taking all necessary steps to implement the pledges we made at Monterrey, including ODA level increases and aid effectiveness; and,

• Reviewing annually, within the DAC and in coordination with all relevant institutions, our progress towards the achievement in Africa of the Development Goals contained in the United Nations Millennium Declaration.”

Scope: 
Africa