Harnessing Migration, Remittances and Diaspora Contributions for Financing Sustainable Development: International Conference organized by the Global Migration Group, May 26-27, 2015, United Nations, New York

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The year 2015 marks an important turning point in global development processes as the international community is faced with the challenges and the opportunities of shaping effective strategies to both promote sustainable development and secure its financing. This Conference entitled “Harnessing Migration, Remittances and Diaspora Contributions for Financing Sustainable Development” is taking place against the backdrop of the intergovernmental negotiations at the United Nations General Assembly for the 3rd International Conference on Financing for Development (Addis Ababa, July 13-16, 2015) and the United Nations Summit for the adoption of the post-2015 development agenda (New York, September 2015). To participate in-person please RSVP to [email protected] by 20 May 2015.

Building on the achievements to date, this Conference will focus on exploring how migration and remittances can be leveraged to raise development financing via reducing remittance costs, lowering labor migration costs including recruitment costs, and mobilizing diaspora savings and diaspora philanthropic contributions. The objective is to promote the inclusion of migration and remittances in both processes but going beyond remittances. The conference will also address the contributions of migrants, skills and qualification recognition and technology transfer. Leveraging remittances for financial inclusion and for facilitating access to capital markets through diaspora bonds and future flow securitization will also be discussed.

More than 200 participants are expected including government representatives who are involved in the related negotiation processes, in addition to field practitioners, academics, non-governmental representatives, private sector representatives, international organizations and other leading partners.
 
The conference is organized by the Global Migration Group (GMG), the principal inter-agency coordination mechanism on migration, encompassing 16 UN agencies, the International Organization for Migration (IOM) and the World Bank.
 
This conference will serve to inform: the intergovernmental negotiations for the third International Conference on Financing for Development (Addis Ababa, July), the United Nations Summit for the adoption of the post-2015 development agenda (New York, September), and the Global Forum on Migration and Development (GFMD) Summit (Istanbul, October 2015). Useful background information on the topic of this conference can be found in Migration and Development Brief 24

The agenda of the conference is available here. The entire conference will be webstreamed live, if technology cooperates. Watch out for the webstream links which we will provide soon. 

Authors

Dilip Ratha

Manager, Migration and Remittances Unit and Head, KNOMAD, Global Indicators Group, World Bank

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Sonia Plaza
May 20, 2015

For our event, we will have Live Webcast of the event on the UN Web TV website at: http://webtv.un.org