SIDS Accelerated Modalities of Action (SAMOA) Pathway A/RES/69/15 Financing 102. We recognize that financing from all sources, domestic and international, public and private, the development and transfer of reliable, affordable, modern technology on mutually agreed terms, capacity-building assistance and enabling institutional and policy environments at all levels are critically important means of advancing sustainable development in small island developing States. As those States have unique and particular vulnerabilities that require dedicated attention, they will continue to make use of a wide range of available financing mechanisms to implement the Barbados Programme of Action, the Mauritius Strategy and the Samoa Pathway. 103. We recognize that international financing plays an important role in increasing the capacity of small island developing States to mitigate and effectively respond to multiple crises by increasing the impact of existing funds and mobilizing, catalysing and directly providing financial resources from a variety of public and private sources, including international financial institutions, to support the implementation of the Barbados Programme of Action, the Mauritius Strategy and the Samoa Pathway. 104. We urge all countries to fulfil their commitments to small island developing States, including through the provision of financial resources, to support the Barbados Programme of Action, the Mauritius Strategy and the Samoa Pathway. In this regard, the fulfilment of all official development assistance commitments to developing countries, including the commitments by many developed countries to achieve the target of 0.7 per cent of gross national income for official development assistance to developing countries by 2015, as well as the target of 0.15 to 0.20 per cent of gross national income for official development assistance to least developed countries, is crucial. 105. We welcome increasing efforts to improve the quality of official development assistance and to increase its development impact. We also recognize the need to improve development effectiveness, increase programme-based approaches, use country systems for activities managed by the public sector, reduce transaction costs and improve mutual accountability and transparency, and in this regard we call upon all donors to untie aid to the maximum extent. Furthermore, we will make development more effective and predictable by providing developing countries with regular and timely indicative information on planned support over the medium term. We recognize the importance of the efforts of developing countries to strengthen leadership regarding their own development, national institutions, systems and capacity to ensure the best results for effective development by engaging with parliaments and citizens in shaping those policies and deepening engagement with civil society organizations. We should also bear in mind that there is no one-sizefits-all formula that will guarantee development effectiveness. The specific situation of each country must be fully considered. 106. In this regard, we reaffirm our commitment to support the efforts of small island developing States: (a) To strengthen the use of domestic policies and financing, with due consideration for their respective levels of indebtedness and national capacities; (b) To gain access to international arrangements and modalities for the financing of development for developing countries, particularly small island developing States, including through capacity-building and a review of application procedures; 25/30