The Global Forum on Remittances, Investment and Development (GFRID) brings together key decision makers, stakeholders and practitioners who are engaged in the field of remittances and migration for development.
Since its first forum in 2007, IFAD has gathered over 1,000 participants from the public and private sector, and the civil society, to facilitate the creation of partnerships and the exchange of best practices in maximizing the impact of remittances to the benefit of migrants' communities of origin. In doing so, IFAD partners with key international financial institutions and other prominent organizations, such as the European Commission (2015) and the United Nations Department of Economic and Social Affairs (2017).
The forum is held biannually, in conjunction with the observance of the International Day of Family Remittances (IDFR) on 16 June.
Acknowledged by former UN Secretary General Ban Ki-moon, and included as one of the actionable tools to implement the Global Compact for Safe, Orderly and Regular Migration, the GFRID is now seen as a key instrument to raise awareness and promote models and mechanisms aimed at leveraging the impact of migration and remittances for sustainable development.
The event contributes to the global governance and enhanced coordination of remittances and migrant investment, pursuing efforts to significantly decrease transfer costs, maximize their impact, and ultimately contribute to achieving the Sustainable Development Goals.
The next forum will take place from 24 to 26 June 2020 at the United Nations Office in Nairobi (Kenya) and will focus on opportunities and challenges in the African remittance market.
Global Forum on Remittances, Investment and Development - Africa 2020
Global Forum on Remittances, Investment and Development 2018, Asia-Pacific
Global Forum on Remittances, Investment and Development 2017
Global Forum on Remittances, Investment and Development 2018 – Official Report
This report presents the highlights and key outcomes of the first country-led Global Forum on Remittances, Investment and Development, hosted by Bank Negara Malaysia in collaboration with IFAD and the World Bank Group.
Global Forum on Remittances, Investment and Development 2018 Asia-Pacific - Outcomes
RemitSCOPE - Remittance markets and opportunities Asia and the Pacific
RemitSCOPE, a new website portal, is designed to provide data, analyses and remittancemarket1 profiles on individual countries or areas. In coordination with the Global Forum on Remittances, Investment and Development 2018, RemitSCOPE is being launched to provide market profiles for 50 countries or areas in the Asia and the Pacific region.
The additional four regions will be included gradually: Africa, Latin America and the Caribbean, Europe, and Near East and the Caucasus. RemitSCOPE intends to address the fast-changing market realities in the remittance industry in order to help bring together the goals of remittance families, as clients, and the strategies of the private-sector service providers. RemitSCOPE is designed as a free, one-stop shop that is available to any organization or entity interested in accessing all relevant public information on remittances.