As a result of the Busan Declaration, the Global Partnership for Effective Development Co-operation (GPDEC) was created in 2012. Several initiatives exist in the framework of the GPDEC that are committed to advance specific commitments for effective development co-operation, including the Partnership on Climate Finance and Development. This voluntary initiative fosters country-level actions by promoting good practice and knowledge sharing on mainstreaming climate finance into development planning and more effective ways to use climate finance.