Pedro de vasconcelos
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Transcript of Pedro de vasconcelos
Promoting innovative remittance markets andempowering migrant workers
and their families
International Fund for Agricultural Development
Scaling up remittances and diaspora capital for rural transformation
GFRD, MILAN18 June, 2015
to developing countries
Remittance and migration
US$436BILLION(2014)
US$64BILLION
US$25BILLION
US$64BILLION
US$22BILLION US$261
BILLION
247
US$500BILLION
IN SAVINGS
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 remittancesand 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
Remittances and DevelopmentIFAD 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)
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