Comprehensive data on European remittances available for the first time – Press conference to present IFAD “Sending Money Home” report

What:       Press conference – IFAD
When:       15 June 2015, 10.00 
Where:     Foreign Press Club (Stampa Estera),  
Via dell’Umiltà 83, Rome

A welcome coffee will be available at 9:45 a.m.

Speakers

  • Kanayo F. Nwanze, President, International Fund for Agricultural   Development (IFAD)
  • Adolfo Brizzi, Director, Policy and Technical Advisory, IFAD
  • Pedro De Vasconcelos, Manager, Financing Facility for Remittances, IFAD

On 15 June at 10 a.m., the International Fund for Agricultural Development will present the main conclusions of the report”Sending Money Home:  European markets and corridors”.

This report provides the first data ever on remittances fromEurope.

The report also analyses the European remittances transfer markets looking at numbers and types of operators, costs and the regulatory environment. Importantly, it outlines remaining challenges towards a better leverage of these funds for development.>

In 2014, global remittances amounted to $436 billion for developing countries. A lifeline to hundreds of millions of people around the world, remittances have also an immense potential for development.

To confirm your participation, email Jessica Thomas at[email protected]. Tel: 06 5459 2215.

Notes to Editors:

Fifth Global Forum on Remittances – 16 to 19 June,  Milan

The launch of the report will mark the start of the fifth Global Forum on Remittances. Convened by IFAD,  the World Bank and the European Commission, the forum will bring more than 400 stakeholders from all over the world to share information and build the road towards more efficient and effective remittances.

The forum will open with a celebration of the First International Day for Family Remittances.

Journalists interested in attending the forum can check the program and practical information at www.remittancesgateway.org.

For accreditation, contact Jessica Thomas, [email protected]


Media Advisory No: IFAD/02/2015

IFAD invests in rural people, empowering them to reduce poverty, increase food security, improve nutrition and strengthen resilience. Since 1978, we have provided nearly US$16.6 billion in grants and low-interest loans to projects that have reached about 445 million people. IFAD is an international financial institution and a specialized United Nations agency based in Rome – the UN’s food and agriculture hub.

Leave a Reply

Your email address will not be published. Required fields are marked *