Where Are We in Preparing the Building Blocks for Migrant Financial Resilience?

Location Global

The existing building blocks of migrant financial resilience are a combination of international conventions, regional and bilateral agreements, unilateral government initiatives, and private sector initiatives to provide insurance and pension — including social protection — for the migrants. In this paper, UNCDF details the existing ecosystem of migrant financial resilience products, including contributory insurance and pensions, highlighting the need for further development of such products and services for comprehensive coverage.

Migrant Financial Resilience: Where are we in preparing the building blocks?

The existing building blocks of migrant financial resilience are a combination of international conventions, regional and bilateral agreements, unilateral government initiatives, and private sector initiatives to provide insurance and pension — including social protection — for the migrants. In this paper, UNCDF details the existing ecosystem of migrant financial resilience products, including contributory insurance and pensions, highlighting the need for further development of such products and services for comprehensive coverage.