12. Each country has primary responsibility for its own economic and social development and the role of national policies, domestic resources and development strategies cannot be over emphasized. Developing countries need additional resources for sustainable development. There is a need for signi¬ficant mobilization of resources from a variety of sources and the effective use of ¬financing, in order to promote sustainable development. In the outcome document, the commitment to reinvigorating the global partnership for sustainable development and to mobilizing the resources necessary for its implementation was affirmed. The report of the Intergovernmental Committee of Experts on Sustainable Development Financing will propose options for a sustainable development ¬financingstrategy. The substantive outcome of the third International Conference on Financing for Development, in July 2015, will assess the progress made in the implementation of the Monterrey Consensus and the Doha Declaration. Good governance and the rule of law at the national and international levels are essential for sustained, inclusive and equitable economic growth, sustainable development and the eradication of poverty and hunger
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