The campaign #FamilyRemittances2030 – Supporting one billion people reach their own SDGs, aims to recognize the fundamental contribution of migrant families towards the achievement of their own Sustainable Development Goals.
The campaign encourages all actors engaged in the remittance market to acknowledge and act upon opportunities and best practices that can contribute to achieving the SDGs, and particularly SDG 10.c and Objective 20 of the Global Compact for Safe, Orderly and Regular Migration (GCM).
The campaign’s goals are to:
The #FamilyRemittances2030 campaign highlights the contribution of remittances towards the achievement of the SDGs, presenting recommended strategies which the public and private sectors, and the civil society could adopt and engage in.
The SDGs provide a unique opportunity to create a convergence between the goals of remittance families, government development objectives, private sector strategies to tap underserved markets, and the traditional role of the civil society to promote positive change. In particular:
As private flows, migrant remittances do not in any way reduce or supplant the need for additional resources, both public and private. However, the potential development impact of migrant remittances and investments can only be fully realized in partnership with coherent and realistic public policies and priorities coupled with private sector initiatives.
The GCM is an opportunity to build on the growing recognition that the remittances sent by migrants to their families back home are fundamental for governments, international organizations and other partners in realizing their sustainable development objectives.
Remittances can contribute to reaching the SDGs in a variety of ways: