5
development
a
s well as
prosperity. The Declaration is the foundation for the
Millennium Development Go
als, the
internationally agreed
targets
for
international
development
cooperation,
to
be
achieve
d
by 2015.
Based on the above, and with reference to Article 1 of the
Act on Iceland’s
International
Development
Cooperation
, this Strategy forms a comprehensive outline
of Iceland’s participation in int
ernational development cooperation, peace
-
keeping
and
post conflict
reconstruction, humanitarian
and emergency
a
ssistance.
The Monterrey Consensus on Financing for Development was the conclusion of a
UN
conference in 2002
and
codifies the mutual commitmen
ts and responsibilities of
states that engage in official development assistance: donors will increase their
aid
allocation
s
to
developing countries, development agencies will enhance their
efficiency through increased coordination of their actions, and re
cipients will promote
reforms and improved governance in public administration and the implementation of
development projects.
In addition to the above, Iceland has ratified a number of UN conventions and
agreements which entail obligations that are signi
ficant for this Strategy, including
the human rights conventions, the Convention on the Rights of the Child, the
Convention on the Elimination of All Forms of Discrimination against Women
(CEDAW), the Convention to Combat Desertification, the Convention on
the Law of
the Sea and the Framework Convention on Climate Change.
2.
Iceland’s international development
cooperation