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“Innovative financing for development complicates aid architecture.” FALSE

Countries involved in innovative financing give more importance to abiding by the principles of aid effectiveness and coherence. The priorities financed are those of internationally agreed goals in the area of development. The ways funds are used (pooling resources, concluding long-term contracts with suppliers, responding to recurrent needs of recipient countries) aim to make aid more effective and adapted. The governance of most existing mechanisms (GAVI, UNITAID, etc.) involves countries from various levels of development from every continent in an original way.

3 June 2010

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