In Brief

The International Day of Family Remittances recognizes the efforts of millions of migrants to improve the lives of their families and to create a future of hope for their children. Remittances – the money that is sent home by migrants – help to sustain 800 million people and are a major contributor to development. Some 40 per cent of remittances go to rural areas, where poverty and hunger are concentrated. 

To grow and lead productive lives we need good nutrition, and good nutrition starts from what we eat. Food systems have great potential to make diverse and nutritious food available and affordable to all. To do that, however, there is a need to strengthen the focus not only on how food is produced, but also how it is processed, distributed, marketed and delivered to consumers, the series of activities that together comprise a value chain (VC).

Investing in inclusive and sustainable rural transformation is strategically important for the 2030 Agenda. This has been broadly recognized in debates about the SDGs, particularly the roles of sustainable agriculture, food security and nutrition in relation to SDG2, the eradication of hunger. It is important to recognize that the eradication of hunger is inseparable from the eradication of poverty in all its forms (SDG1). While poverty is often the main driver of food insecurity and malnutrition, hunger and malnutrition also result in the inability to escape poverty. Investments targeted at rural people are needed not only to ensure no one is left behind, but also to unlock the catalytic role that inclusive rural transformation has been shown to play in reducing and eradicating poverty and hunger, as well as promoting wider prosperity.

This report provides data and analysis of remittances and migration trends for developing countries over the past decade, as well as the potential contributions of remittance families to reaching the SDGs by 2030.