The document discusses the evolution and current status of the Global Partnership for Effective Development Cooperation, established in Busan, South Korea in 2011, emphasizing the importance of effective aid and development collaboration. Key principles include country ownership, result-oriented goals, and transparent partnerships among stakeholders, while highlighting challenges in donor accountability and the emergence of South-South cooperation. The recent commitments made in Busan and plans for future monitoring and governance underscore the need for action to improve development effectiveness and trust among all parties involved.