Second United Nations Decade for the Eradication of Poverty (2008–2017) A/RES/71/241 responsibility initiatives play an important role in maximizing the impact of public and private investment; 15. Recognizes that additional domestic public resources, supplemented by international assistance, as appropriate, will be critical to realizing sustainable development and achieving the Sustainable Development Goals and that the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda acknowledge the centrality of domestic resource mobilization underscored by the principle of national ownership; 16. Also recognizes that private business activity, investment and innovation are major drivers of productivity, inclusive economic growth and job creation and that private international capital flows, particularly foreign direct investment, along with a stable international financial system, are vital complements to national development efforts; 17. Notes that an important use of international public finance, including ODA, is to catalyse additional resource mobilization from other sources, public and private, and also notes that it can support improved tax collection, help to strengthen domestic enabling environments and build essential public services and can also be used to unlock additional finance through blended or pooled financing and risk mitigation, notably for infrastructure and other investments that support private sector development; 18. Stresses the importance of mobilizing greater domestic support towards the fulfilment of ODA commitments, including through raising public awareness, providing data on aid effectiveness and demonstrating tangible results, encourages partner countries to build on progress achieved in ensuring that ODA is used effectively to help to achieve development goals and targets, encourages the publication of forward-looking plans which increase the clarity, predictability and transparency of future development cooperation, in accordance with national budget allocation processes, and urges countries to track and report resource allocations for advancing gender equality and the empowerment of all women and girls; 19. Emphasizes that international public finance plays an important role in complementing the efforts of countries to mobilize public resources domestically, especially in the poorest and most vulnerable countries with limited domestic resources, and that an important use of international public finance, in cluding ODA, is to catalyse additional resource mobilization from other public and private sources, and that ODA providers fulfil their respective commitments, including the commitment by many developed countries to achieve the target of 0.7 per cent of gross national income for official development assistance (ODA/GNI) to developing countries and 0.15 per cent to 0.20 per cent of ODA/GNI to the least developed countries; 20. Welcomes the increase in the volume of ODA since the adoption of the Monterrey Consensus, 9 expresses its concern that many countries still fall short of their ODA commitments, reiterates that the fulfilment of all ODA commitments remains crucial, welcomes those few countries that have met or surpassed their commitment to 0.7 per cent of ODA/GNI and the target of 0.15 to 0.20 per cent of ODA/GNI to the least developed countries, urges all other countries to step up efforts to increase their ODA and to make additional concrete efforts towards the ODA targets, welcomes the decision by the European Union reaffirming its collective commitment to achieve the target of 0.7 per cent of ODA/GNI within the time frame of the 2030 Agenda for Sustainable Development and undertaking to meet collectively the target of 0.15 to 0.20 per cent of ODA/GNI to the least 9/14