African Institute for Remittances

Date Shared:

Tuesday, June 17, 2014 - 12:00

Countries and areas:

Africa

2030 Agenda migration-relevant and related target Labels:

Goal 10: Reduced inequalities - 10.c on remittances costs reduction

GCM Thematic Cluster Areas:

Objective 1: Collect and utilize accurate and disaggregated data as a basis for evidence-based policies

Objective 20: Promote faster, safer and cheaper transfer of remittances and foster financial inclusion of migrants

Contributors:

International Organizations

Regional Consultative Processes and International Regional Fora

Chairmanship:

Mauritius 2012

Geographical Relevance:

Regional

Tags:

Migration in the United Nations, Remittances, Data and Research, Local Development

Summary:

The African Institute for Remittances (AIR) is a specialized technical office of the African Union Commission (AUC) established to assist the AU Member States to:

(a) improve their statistical measurement, compiling and reporting capabilities on remittances data;

(b) Promote appropriate changes to their legal and regulatory frameworks for remittances, payment and settlement systems as well as use of innovative technology so as to promote greater competition and efficiency, resulting in reductions of transfer costs; and

(c) Leverage the potential impact of remittances on social and economic development of Member States, as well as promoting financial inclusion.

Link:

http://www.au-air.org/

GFMD Source:

GFMD 2012 - RT 1.1 "Beyond-the-Border Skills and Jobs for Human Development"
GFMD 2019 - Recommendations to the 2019 High-Level Political Forum