Assembly/AU/Dec.386(XVII) Page 2 futures; technical support to Regional Economic Communities (RECs) under the Partnership for African Fisheries (PAF); National Agriculture and Food Security Investment Plans (NAFSIPs) under CAADP; Orphan Crops initiative; support for African Mining Vision on natural resources management; NEPAD-OECD Africa Investment Initiative; institutional development support to RECs under the Capacity Development Strategic Framework (CDSF) and the launch of the second phase of NEPAD Spanish Fund for African women empowerment; 8. APPRECIATES progress recorded to date relating to the implementation of the AU-NEPAD Presidential Infrastructure Champion Initiative through the work of HSGOC High Level Sub-Committee under the leadership of H.E. Jacob Zuma, President of the Republic of South Africa and NOTES the technical coordination led by the Commission and NPCA on the seven (7) prioritized projects while highlighting the need for enhanced coordination and sustained engagement with relevant countries and RECs; 9. UNDERSCORES the historic opportunity for Africa to individually and collectively, scale-up the mobilization of additional domestic resources in support of NEPAD implementation to advance ownership, self-reliance and development effectiveness particularly noting the innovative forms of development finance including the broadening of the tax base, public-private partnerships (PPPs), subregional levies for multi-country projects, tackling illicit capital flows, climate financing and capital market options; 10. STRESSES the need to transform existing political will on domestic development finance into concrete policy responses and actions. ACCORDINGLY REQUESTS the Commission and NPCA in conjunction with the United Nations Economic Commission for Africa (UNECA) and other partners to recommend appropriate mechanisms on domestic resource mobilization and present to the next HSGOC for consideration; 11. WELCOMES the outcomes of the G8-Africa Partnership Summit held in Deauville, France in May 2011 relating to shared values and responsibilities in consolidating the continent‟s good progress in peace and security, economic growth with mutual accountability as the main pillars of the partnership; 12. COMMENDS the finalization of Africa‟s first assessment report on the G8-Africa partnership commitments arising from the close collaboration between AUC and NPCA and ALSO WELCOMES the newly established practice of negotiating G8 joint declaration on Africa initiated under the French Presidency of the G8 and URGES the continuation of this practice; 13. REAFFIRMS full support for the G20 Seoul Development Consensus on Shared Growth as the new development paradigm and its consistency with the NEPAD vision and REITERATES Africa‟s call for adequate and effective representation in the G20 and the underlined desire to continuously and constructively engage the G20 High Level Infrastructure Panel on creative financing and investment options