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Global Forum on Remittances

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 virtually on 16 and 17 June 2021, and will focus on digitization and financial inclusion for remittances families in times of crisis.

Latest sessions

Latest sessions

Global Forum on Remittances, Investment and Development – Summit 2021

June 2021 - EVENT
On 16 and 17 June, IFAD will host the Global Forum on Remittances, Investment and Development 2021, held virtually.

Global Forum on Remittances, Investment and Development 2018, Asia-Pacific

May 2018 - EVENT
22 panels of experts discussed the current status of remittance flows to Asia and the Pacific.

Global Forum on Remittances, Investment and Development 2017

June 2017 - EVENT
Organized by IFAD in collaboration with the World Bank and the United Nations Department of Economic and Social Affairs (UN-DESA), the Forum coincided with the celebration of the International Day of Family Remittances (IDFR) on 16 June, in recognition of the fundamental contribution of migrants to the wellbeing of their families and communities back home.

Related publications

Related publications

GFRID Summit 2021 - Summary of proceedings

November 2021
The 2021 GFRID Summit focused on the role of remittances and diaspora investment in strengthening market recovery in the midst of the current global pandemic and on heightening the resilience of migrant workers and their communities.

Global Forum on Remittances, Investment and Development 2018 – Official Report

February 2019
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

July 2018
A set of specific priorities and actionable outcomes resulted from the GFRID 2018. These are directly linked to the 2030 Agenda for Sustainable Development and its Sustainable Development Goals (SDGs), and the Global Compact for Safe, Orderly and Regular Migration.