The Global Forums on Remittances, Investment and Development (GFRID) are a series of ground-breaking and inclusive international conventions 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. For over a decade, these Forums have brought together stakeholders across all sectors – public, private and civil society – and from around the world involved in the field of remittances, migration and development.
The main focus of the Global Forums is to raise awareness, promote dialogue, stimulate partnerships and create long-lasting, cross-sectoral synergies. They serve as a platform to share best practices and lessons learned, create opportunities to promote global remittance-related dialogue and address solutions to maximize the development impact of remittances and migrant investment trends on both sides of the migration corridor.
The last GFRID was held from 8 to 10 May 2018 as the first country-led regional Forum, hosted by Bank Negara Malaysia (the Central Bank of Malaysia) in collaboration with IFAD and the World Bank Group. The Forum focused on opportunities and challenges in the Asia-Pacific remittance market, and took place in Kuala Lumpur at Bank Negara Malaysia’s headquarters.
Focused on Asia-Pacific, to be held in Kuala Lumpur, and organized by Bank Negara Malaysia, together with IFAD and the World Bank Group.
Global coverage focused on the role of remittances in achieving the SDGs, and opportunities in the global marketplace. Held in New York and organized together with the World Bank Group and the UN Department of Economic and Social Affairs (UN-DESA).
Focused on European and global markets, and development impact, organized by IFAD, the European Commission and the World Bank Group, held in Milan in conjunction with the Universal Exposition EXPO Milano 2015.
Focused on Asia, held in Bangkok, and organized together with the World Bank Group.
Focused on Africa, held in Tunis, in collaboration with the AfDB.
Global coverage, held in Washington D.C. and organized together with the IDB.
Focused on Latin America and the Caribbean, held in Washington D.C. and organized by the IDB, after which the organization passed on to IFAD.