Thanks, Chair.
The purpose of the amendment is really quite straightforward. We would simply like to add four criteria to the development finance initiative to ensure that it mirrors the Official Development Assistance Accountability Act, as well as stakeholder consultations. We would suggest in this amendment adding the four criteria that are before you. That is:
(i) contributes to poverty reduction,
(ii) takes into account the perspectives of the poor,
(iii) is consistent with international human rights standards, and
(iv) clearly constitutes financial support that is not available from other sources and that benefits development.
That is what the amendment would seek to achieve.