D2. Mobilizing resources

a) All countries and international organisations should act to create conditions conducive to increasing the availability and effective mobilisation of resources for financing development as elaborated in the Monterrey Consensus.
b) Developed countries should make concrete efforts to fulfil their international commitments to financing development including the Monterrey Consensus, in which developed countries that have not done so are urged to make concrete efforts towards the target of 0.7 per cent of gross national product (GNP) as ODA to developing countries and 0.15 to 0.20 per cent of GNP of developed countries to least developed countries.
c) For those developing countries facing unsustainable debt burdens, we welcome initiatives that have been undertaken to reduce outstanding indebtedness and invite further national and international measures in that regard, including, as appropriate, debt cancellation and other arrangements. Particular attention should be given to enhance the Heavily Indebted Poor Countries initiative. These initiatives would release more
resources that may be used for financing ICT for development projects.
d) Recognising the potential of ICT for development we furthermore advocate:
i) developing countries to increase their efforts to attract major private national and foreign investments for ICTs through the creation of a transparent, stable and predictable enabling investment environment;
ii) developed countries and international financial organisations to be responsive to the strategies and priorities of ICTs for development, mainstream ICTs in the work programmes, and assist developing countries and countries with economies in transition to prepare and implement their national e-strategies. Based on the priorities of national development plans and implementation of the above commitments, developed countries should increase their efforts to provide more financial resources to developing countries in harnessing ICTs for development
iii) the private sector to contribute to the implementation of this Digital Solidarity Agenda.
[e) In our efforts to bridge the digital divide, we should promote, within our development cooperation,technical and financial assistance directed towards national and regional capacity building, technology transfer on mutually agreed terms, cooperation in R&D programmes and exchange of know-how.
f) While existing financing mechanisms, at all levels, should be fully exploited, a thorough review of their adequacy in meeting the challenges of ICTs for development should be undertaken by 1 January 2005. This review shall be conducted by a Task Force under the auspices of the UN Secretary-General and submitted for consideration to the second phase of this Summit. Based on the conclusions of the review, improvements and
innovations of financing mechanisms will be considered, including the establishment of an international, voluntary Digital Solidarity Fund.]
g) Countries should consider establishing national mechanisms to achieve universal access in both underserved rural and urban areas, in order to bridge the digital divide.