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Initiative Against Hunger and Poverty (IHP)

Date Shared: 
Tuesday, January 14, 2014 - 14:15
Countries and areas: 
Spain
2030 Agenda migration-relevant and related target Labels: 
Goal 10: Reduced inequalities
Goal 10: Reduced inequalities - 10.c on remittances costs reduction
GCM Thematic Cluster Areas: 
Objective 20: Promote faster, safer and cheaper transfer of remittances and foster financial inclusion of migrants
Contributors: 
Member States
Chairmanship: 
Belgium 2007
Geographical Relevance: 
National
Tags: 
Policy Coherence, Mainstreaming Migration into Development Planning, Legal Frameworks on Migration
Summary: 

The Spanish initiative seeks to enhance Remittances as an effective source of finance for development, by no means trying to substitute current flows of development aid. The Spanish initiative considers the involvement of the Public Administration, the financial sector, university circles and civil society.

By choosing to focus on Remittances Spain tries to make most of its experience as a Remittances receiving country during the 60s and 70s to help developing countries.

Link: 

For more information:

 

GFMD Source: 

GFMD 2008 - Roundtable 3.2 "Policy and Institutional Coherence within Government"

GFMD 2007 - Roundtable 2.1 "Improving the formalization of transfers and reducing their cost."