Knowledge

​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.  

Remittances constitute a critical lifeline for around 1 billion people around the world. These vital flows of private money, sent by over 200 million international migrant workers, help families raise their living standards and contribute to improved health, education and housing. 

The Global Forum on Remittances, Investment and Development (GFRID) is part of a series of ground-breaking and inclusive international forums hosted by the International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations and an international financing institution (IFI), in collaboration with key development organizations and other IFIs. Over the last decade, these Forums have brought together stakeholders across all sectors and from around the world involved in the field of remittances, migration  and development.