End hunger, achieve food security
and improved nutrition
and promote sustainable agriculture
How remittance families contribute to the goal
- Half of remittances to developing countries are spent on supporting food security and nutrition.
- An estimated US$29 billion of remittances annually is invested in agri-food systems.
- Additional income increases receiving households’ demand for food, which increases domestic food production and improves nutrition, particularly among children and the elderly.
- In low-income countries in Africa, households receiving remittances are 84 per cent more likely to report they have never experienced food scarcity.
- Investment of migrants’ income in agricultural activities creates employment opportunities.
Recommended actions
- Expand and leverage the ability of remittance families to invest and engage directly in agricultural production, leading to improved food security. This can be achieved by strengthening the capacity of rural financial and non-financial service providers, particularly by promoting services for agricultural production.