Past Events

To understand remittance markets better, United Nations Capital Development Fund (UNCDF) consulted more than 50 central banks and 10 technology providers to improve the collection and measurement of cross-border remittances for informing policymaking, product development, and investment. This webinar series explored ways to strengthen the policies and processes that facilitate the collection of frequent, accurate remittance data and understanding of remittance markets to leverage technology to build systems that help collect, monitor, and analyse granular remittance data and drive efficiency and sustainability, reducing costs and improving overall efficiency. The first webinar in the series focused on experience across central banks and the…

UNCDF shared its strategy and experience in building inclusive digital economies in LDCs with the public and private sectors. The webinar aimed to give participants an understanding of the types of partnerships and initiatives that drive digital transformation in the last mile in LDCs. Stakeholders from both the public and private sectors shared their insights and perspectives regarding digital transformation and how it contributes to the response to the COVID-19 crisis and beyond.

The unprecedented disruption of remittance flows as a consequence of the current global crisis, COVID-19, is severely affecting migrants, diaspora communities, and the families, communities and economies that rely on receiving remittances in low- and middle-income countries. The webinar, organized by Switzerland and the United Kingdom in partnership with World Bank/KNOMAD, UNCDF, IOM, UNDP, the International Association of Money Transfer Networks, and the International Chamber of Commerce, served as a platform to discuss how countries that have joined the Call to Action are affected by the disruption of remittances and how the implementation of the Call to Action’s recommendations can…

This dialogue provided a platform to discuss the complex situation of remittances in SIDS. It focused on the implications of global developments, such as the closure of Money Transfer Operators (MTOs) due to the “de-risking” of the sector by commercial banks, but it also looked at the consequences of some of the particular characteristics of the markets in SIDS, such as small and dispersed populations. The webinar showcased some recent innovations and initiatives in digital financial services from colleagues that address these particular challenges.