There is also a risk that they will give rise to a corresponding fragmentation of investments in recipient countries at the expense of more systemic and holistic approaches, and that investment programmes will become driven by the priorities of funders rather than countries’ own needs and priorities. However, the limited progress made towards fulfilment of commitments in these areas in the decade since the Paris Declaration (OECD, 2005) indicate the need for an alternative approach if this is not to be a serious obstacle to the achievement of the Sustainable Development Goals. It could greatly enhance the efficiency of the process by which the investment needs identified by each country are matched with funders’ priorities; reduce funding delays and uncertainties; lessen the administrative burden on LDCs associated with securing investment financing; and support the movement towards greater country ownership and more country-led development strategies, as envisaged in the Paris Declaration and the 2030 Agenda. It could also play an important role as an advocate, both for improved delivery on financial commitments to financial ISMs, and for improved donor coordination and harmonization.