The Global Forums on Remittances, Investment and Development (GFRID) are a series of international forums aimed at bringing together stakeholders from around the world involved in the field of remittances, migration and development, to stimulate the creation of partnerships and long-lasting synergies among public and private sectors, and the civil society. Since 2007, the Global Forums have been organized 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 partners, such as the Inter-American Development Bank, the African Development Bank, the World Bank Group, the European Commission and the United Nations Department for Economic and Social Affairs (UN-DESA).
The GFRID has become, over the last decade, a unique platform in which to discuss global remittance-related issues and share solutions to maximize the development impact of these flows. The last two forums – New York 2017 and Kuala Lumpur 2018 – both saw the participation of over 400 representatives from the public and private sectors, and civil society, and contributed to the global discussion on remittances, migration and development by raising further interest from different perspectives.
In 2018, the GFRID has been included as one of the actionable tools, along with the International Day of Family Remittances (IDFR), to implement the newly-adopted Global Compact for Safe, Orderly and Regular Migration (GCM).
Following the last GFRID held in Kuala Lumpur, the next Forum will focus on the African remittance markets and will take place from 24 to 26 June 2020 at the United Nations in Nairobi (Kenya).