Knowledge

In 2015, Member States of the United Nations issued a call to action to eradicate global poverty, reduce economic inequality and place the world on a more sustainable pathway: the 2030 Agenda for Sustainable Development. 

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. 

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.

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.