SADC Resource Mobilisation Strategy with best practices and thus making harmonisation in these areas at regional level feasible. 6.2.2 Partnerships with Emerging Market Economies In developing strategic partnerships, the Region takes cognizance of the evolving global development cooperation architecture as outlined in the Paris Declaration on Aid Effectiveness (2005); the Windhoek Declaration (2006), the Accra Agenda for Action (2008); and particularly the outcome of the Busan 4th High Level Forum on Aid Effectiveness (2011) that forms an integral part of a new and more inclusive development agenda, recognizing the inclusion of civil society, the private sector and other actors to participate on the basis of common goals, shared principles and differential commitments. Over the past years the global economy and the development landscape changed substantially with the emergence of a broader set of development actors and new approaches impacting on the traditional architecture of international aid. New actors such as emerging market economies have come to the fore and promote new principles, approaches and values in the aid relationship that deviate from the “traditional” model. The new principles promote mutual interest and mutual development. The funding and methods of BRICs help balance the aid recipient’s voice with traditional donors and provides chances for wider reforms in the aid architecture and new opportunities for resource mobilisation in the context of South-South cooperation. SADC should explore these innovative partnerships and financial mechanisms and put them in perspective with new challenges created for better harmonisation and alignment. However risks associated with insufficient harmonisation between traditional partners and non-traditional partners may exist. Such risks can be mitigated by greater coordination effort led by SADC through implementation of the partnership principles enshrined in the Windhoek Declaration. New financing mechanisms and non-traditional partnerships should be explored for the SADC Region’s development as they can contribute to broaden the resource channels. SADC also stands to benefit from its participation in regional and Pan-African multi-country funding strategies. The Region is well placed to mobilise resources by participating actively in the implementation of programmes and projects with 20