Development Cooperation

follows four criteria; it:

  1. aims explicitly to support national or international development priorities,

  2. is not driven by profit,

  3. discriminates in favour of developing countries, and

  4. is based on cooperative relationships that seek to enhance developing country ownership.

There are different forms of development cooperation, from financial transfers to technology facilitation to capacity support and policy change. Sources include public and private both international and domestic resources. The purpose of development cooperation is to (1) guarantee universal basic human rights, (2) promote convergence among countries’ standards of living, and (3) support efforts of developing countries to actively participate in the provision of international public goods; achieving the goals of the new Sustainable Development Agenda 2030

(Development Cooperation Forum)

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