2008 is an important year for development financing and an opportunity to move the international community to a more equitable, people-centered and democratic governance system. Today 1.4 billion people live under the new poverty line of US$1.25, and the majority of them are women. The current financial, food, energy, and climate change crises make evident the urgency for action.

Accra is an opportunity to advance towards a broader agenda of development effectiveness. The High Level Forum in Accra will be followed by major United Nations meetings in New York and Doha that will confirm the huge gap between what has been promised and the lack of progress in the achievement of the internationally agreed development goals.