 And at this stage, just to get a little bit of background about RECOM and what it's all about, I'm going to ask Fin Tarp and Eid Peterson to join me over here. And also, Lena Engelström from Sweden. Okay, first of all, if I could begin with you, Eid. I mean, it all began here. So how did RECOM come about? RECOM came about a couple of years ago. We just got a new minister at that point. He was not that experienced in development cooperation, but he was very engaged. And he said, I want to do this as good as possible, create the best results. So what do we actually know about what works and what doesn't work? And we started explaining and he said, this is too much, too complicated what you're telling me. Let's put in place a program where we can actually assemble all the knowledge in the world, make a few more studies and get really a lot of empirical data to make our policy decisions on. So this is actually how we started. Okay, and global research network seems to be a fit, but how did Wider get involved? In 2009, Wider got a new senior management and we had to put in place a new work program. This became known as the triple crisis work program on finance, development finance, food and climate change. And the thoughts that we had put into the development finance pillar fitted quite well with what Eib was describing. So when we were approached and asked whether we would go in and take the lead, we said, fine, match. Sounds good. And Sweden obviously was one of the, well, you're the main, another, the co-main donor on this. So how did Sweden get involved? Yes, Sweden through the government's development agency, SIDA, we heard about the program that Danida initiated with RECOM. So since we are very interested in aid efficiency and what works, we decided to join. And we saw initially that there were some challenges, especially in the communications. But now we have a communications officer in place and we see improvements already. Although we still have some challenges remaining in terms of how to disseminate the outcomes of the conferences and the seminars. Okay, well, all input from that will be useful today. Focusing first of all on the research, though, and on the results. There is, and today we are focusing specifically on jobs. Now Denmark was again a pioneer in sort of the public-private partnership concept, Eib. Can you tell me a little bit about how that fits into the results communication equation of RECOM? Well, I think it fits quite well. As you said, we have been working with private companies, public-private partnerships for many years. And I think it's obvious that a lot of the growth and the jobs to create development, they have to come from the private sector. So you need to involve that and we have some experience in that. And therefore I think it fits quite well into the RECOM program. Sweden also likes the PPI approach. Yes, we do. And we also have a strong push from the government to work more closely with the private sector. And that makes a good sense because involvement of private sector is essential to actually do pro-poor growth. And in this case also to work with job creation and employment as we see that as a very important thing. Since we need to close the gap between basic education and employment. So job creation is very important. And Finn, it's almost a mantra. I've heard it so many times since I'm starting to work on this project. The data isn't there. There's just not enough data about employment and aid. I mean, last night just talking again with a baby, that was my thought going to bed. There's just been such a dearth of employment. I know the World Development Report has done a lot and you all have done a lot to answer that. But the challenge is therefore on getting all of this together. I know it's one part of what RECOM does but... RECOM is organized under five major themes. And obviously there are gaps. Obviously there are things where we hesitate as researchers to say that here we have solid evidence. This does not however mean that there are not areas where we can say that there is some evidence to point in the right directions. And when there are no data, we actually pretty good at trying to figure out how reality might actually look. At least we can think about a range of possibilities. And that can then in turn inform our thinking about what might work and what we should improve and what might work in one context and we could be transferred to another. The lack of data is something that we live with but that's something we're pretty good at analyzing. And I'm hoping today we'll demonstrate that there are things we can indeed say. Eve, coming back to you and the private sector, just let's put a little flesh on this. Tell me a couple of stories about how it's actually happened and the kind of results that you've seen because let's start giving people a taste of some of the results. And forgive my back, everybody. Well, I think we've worked with this for a number of years for several reasons actually. First of all, as I said, the growth has to come from the private sector. The jobs have to be created there. And related to this, I think increasingly, and this is something that we're going to talk about in post-2015 agenda and so on, you cannot look at it as the answer to all development challenges. You need financing from other places. We would like to see AID as a catalyst for creating AID. So let's start a few years ago. One of the first major ones we initiated was with some institutional investors because we thought this was eight years ago and at that time interest rates were also low, even though they were not as low as they are today. But at that time we thought it might be interesting. It should be interesting for companies, institutional investors to go and invest in some of these new markets. So we started talking with some of the pension schemes. I turned out two of them, then partnered with one of the major asset management companies. I'm going to interrupt you there because we just happened to have. I'm really surprised. And where are you, Niels? Niels Jusssen was involved very much with the lead the bank invest. Could you briefly just tell us that story? I think it's a good example of how a public-private partnership can work and how Danita with a contribution actually was a catalyst for direct impact investments, which was more than tenfold of that investment. From the start Danita supported a private fund with the purpose of direct impact investments in Danita program countries. Not only investment but also supporting management in these companies with just below 10 million USD. On that basis there was raised a first fund on 100 million USD and that led to additional follow-on funds without support of Danita totaling about 500 million USD. So 10 million USD actually catalyzed 500 million USD in direct impact investments where local management was supported to develop those companies. And I think that's the perfect example of how it works. And clients of these funds are today, both Danish pension funds as well as international pension funds. And you wouldn't have done it without Danita, right? No, that was an important catalyst, it could not have happened without. Thank you very much. So coming back, Lina have you got, and I'll give you back your mic, any comparable sort of stories? Well, the supply of skilled workers is one of the main challenges to actually reach increased production and also pro-poor growth in low and middle income countries. So that is why now CIDA is supporting two public-private partnerships where we target skills development and employment. Now we are in Iraq, in Ethiopia, and we will also soon be in Bangladesh, Tanzania and Liberia. And these are actually good examples of direct cooperation with multinational companies which will create job opportunities and income generation. OK, now you can keep it for now. Iba, I want to sort of drill down a little bit, because we've heard about the big one. But there are some smaller, more human stories. I think I'm not wearing a sweater, but that would be a good hint. Yeah, well, we have several examples, but I think I've recently visited Bolivia where modern is working and we visited a company there, a local knitwear company. And they have, through our Danida business partnership program, teamed up with a Danish company, a design company, in the production of very nice products for the European markets. So they increased their production. They have now a factory with, I think, more than 100 workers. And a very good aspect as well is that they teamed up with a number of women, I think more than 200 women who are knitting at home. They get the product out there and then they are knitting and providing. So they actually make an income while still being able to cater for some of the other business they have to do. So I think it's a very good example that, actually, small means you can create jobs. Thank you. Now, forgive my back now for you. You know, RECOM is all about research and communication. And today what we're going to be doing too is not just focusing on the research, but the results of the research. So I think you're going to be hearing some stuff that maybe will change your minds on some of the preconceptions that you had about employment and jobs in the developing world. But the COM bit, the communications bit, that obviously has been an area where we are moving forward. So I know wider, and I'm sorry, I'm taking words out of your mouth, Finn. I have a habit of doing that. Wider got me involved, so I'm doing part of the communications bit. But why are communications important? And there I will ask, first of all, Finn and then Lena. And I think, I mean, sorry, not Finn, EBE, apologies, EBE and Lena, internally and externally. Well, you're right in pointing to the dual reasons for having such a high priority to the communication. We need to be able to communicate that we are achieving some results. We need to be able to communicate that through both the beneficiaries but also the Danish taxpayers who are paying for the assistance. But we also need communication internally, as you say, exactly to become more knowledgeable about what works and how did we achieve those results. So these are the dual objectives that we need to address through our communication, also around this program, but certainly also in everything else that we are doing as a development agency. Thank you. And Lena, I know you talked about this at the beginning, but I'm asking you to come back on it. Yes, the importance of communication and I really share what it said. We need to be accountable to the constituency, to the taxpayers, but we also need it to actually learn and to draw the conclusions and to do things differently. We need to be innovative, we need to be flexible, but to be able to do that, we need to learn a little bit from our experiences. We need to go forward with more knowledge, but more risk-taking and more brave. Okay, risk-taking. Finn, I'm going to ask you to finalize this note, taking a risk on communications. For somebody who spent half his working life in developing countries, it's obviously important that knowledge just sits there. Knowledge needs to be used. You very often have a big challenge of using the knowledge. The thought of using the knowledge that does exist better is communication. You do that when you're communicating in audiences. This is this one. You do that when wider host conferences where we communicate on other topics. We do that in our project meetings. We also do that through our publications. So communication is a very big thing. But for me, the core of the matter is knowledge may sit there, but if you don't communicate it, it's not going to be useful in policy or otherwise. Thank you very much.