1. Promoting innovative remittance markets and
empowering migrant workers
and their families
International Fund for Agricultural Development
Scaling up remittances and
diaspora capital for rural transformation
GFRD, MILAN
18 June, 2015

2. to developing
countries
Remittance and migration
US$436
BILLION
(2014)
US$64
BILLION
US$25
BILLION
US$64
BILLION
US$22
BILLION US$261
BILLION
247
US$500
BILLION
IN SAVINGS

3. Maximizing the impact of
remittances and migration
“Access”
Strengthen the
remittance rural
market
- Competition promotion
- Intermediation (MFIs, Postal)
- Innovative models
(Mobile, virtual)
- Regulatory framework
“Use”
Promote Financial
Inclusion
- Distribution channels
- Financial literacy
- Cross-selling of financial
products
- Savings mobilization
“Investment back home”
Promote investment of
remittances
and migrant
savings
- Opportunity identification
- Productive investment models
(Funds, Bonds)
- Skill development
- Entrepreneurship
Remittances and Development in Rural Areas:
Strategic opportunities for IFAD
1
2
3

4. Remittances and Development
IFAD portfolio and strategic approach
Small & Large Grants
Remittances &
Entrepreneurship,
Nepal (APR)
Country strategies &
IFAD portfolio through scalable
models and inclusive finance
LoansSupplementary funded grants
Migrants resources
Mobilization - Regional
(APR)
Remittances &
Entrepreneurship,
Nepal (APR)
50 FFR grants in 40
countries to Public,
Private and civil society
organizations
Research and analysis Knowledge products Policy advocacy
Regulatory framework,
markets, households
surveys and research
projects
- Sending money home
- In country scaling-up
strategies
- UN (GFMD, Post 2015,
F4D, GMG)
- G20
- Innovative finance
- GFRD (IFAD)
- IDFR (IFAD)
OperationsAdvocacyand
KM

5. “This said…”
Where do we go from now?
How do we scale results?