Location: Global

The International Fund for Agricultural Development (IFAD), in partnership with the International Organization for Migration (IOM), the Permanent Mission of Guatemala to the United Nations, and the Permanent Mission of the Republic of the Philippines to the United Nations is organizing a side event titled “The Role of Remittances for Financial Inclusion”, held  on the margins of the Fourth Preparatory Committee Session (PrepCom) for the Fourth International Conference on Financing for Development (FFD4).

Location: IFAD Liaison Office with the United Nations,
866 United Nations Plaza, New York
Format: In-person event (breakfast will be provided).

Aligned with the 2025 Campaign for the International Day of Family Remittances (IDFR), themed “Remittances Financing Development”, the event will underscore the contribution of remittances to achieving the SDGs, with a particular focus on their impact for greater financial inclusion for both migrants and their families in their countries and communities of origin.

The FfD4 presents a unique opportunity to advocate for stronger commitments to harness remittances and diaspora investment for sustainable development and economic growth, particularly through enhanced financial inclusion. In that respect, this event aims to present recent trends and examples of current initiatives, and equip member states with clear, impactful language to support their interventions on this topic during the 4th FFD4 PrepCom Session, ultimately ensuring that the transformative role of remittances is fully reflected in the outcome document. Member States are encouraged to attend and deliver a statement.

Attached:

• Concept Note of the side event
• Flyer of the side event
• IDFR Campaign 2025 brochure

To confirm your attendance, please complete the registration form.

For more details, visit www.familyremittances.org

The International Day of Family Remittances (IDFR), observed every June 16, honours the contributions of migrants who send money home to support their families and communities. adopted by the United Nations General Assembly in 2018 (A/RES/72/281), IDFR highlights how remittances strengthen economies and help achieve the Sustainable Development Goals (SDGs).

The IDFR 2025 campaign “Remittances Financing Development”  was launched at an event on 10 February 2025 at the IFAD Office, New York, jointly hosted by IFAD and the Permanent Missions of Guatemala and the Philippines to the UN.

The event was attended by over 25 representatives of Member States, international institutions and development partners to: 

(a) launch the IDFR 2025 campaign, which will culminate at the FfD4 in Spain, 

(b) advocate for more inclusive language in the FfD4 zero draft outcome document on the margins of the 3rd Prep Com Session and 

(c) present actionable recommendations for Member States to enhance the development impact of remittances for vulnerable populations, such as women and rural communities, through enabling policies and innovative solutions. 

The Vice-Minister of Foreign Affairs of the Republic of Guatemala, H.E. María Luisa Ramírez, and the Ambassador and Permanent Representative of the Permanent Mission of the Republic of the Philippines to the UN, H.E. Antonio M. Lagdameo, provided opening remarks and closing reflections. 

Discussions explored key actions to ensure that the transformative potential of remittances—both in building long-term resilience for recipients and acting as a catalyst for broader inclusive development—is fully recognized. Member States reaffirmed their commitment to promoting policies that maximize the impact of remittances on national development and expressed deep appreciation for the transformative impact of remittances, recognizing them as a catalyst for economic resilience and development. 

The 2025 IDFR Campaign will underscore the critical role of remittances in advancing the SDGs and identify key priorities for maximizing their impact on household economic and climate resilience and sustainable local development.

For more details, visit www.familyremittances.org