Based on the Paris Declaration on Aid Effectiveness and the experiences of the international community since 2005 (Accra, Busan and the Global Partnership for Effective Development Cooperation), the achievement of tangible development results, enhanced governance and financial transparency and accountability are the key indicators for development effectiveness. The new paradigm under the Agenda 2030 will change the roles of donor agencies and international finance institutions and their programme, policy priorities and terms of engagement.
There is new thinking about rural development under the banner of ‘rural transformation’ that is about the process of improving the social economic and natural resources environment within which rural people make their living. The continued donor commitments to food and nutrition security and poverty reduction does not keep the international community to focus increasingly on economic growth and job creation through means like trade and inclusive agri-business with an enhanced role of the private sector in development.
At COP21 in 2015, the historic Paris Agreement on climate change was reached to keep global warming ‘well below 2° C’, and committed US$100 billion per year to help developing countries to cope with climate impacts offering new opportunities of safeguarding food security and ending hunger through increased investment into adaptation of the rural space to climate change.