The Western Hemisphere Regional Migration Program (WHP) is a U.S. government-supported program that has operated since 2011. The State Department’s Bureau of Population, Refugees, and Migration provides funding as a contribution to IOM to implement the program.
Merchantrade links services including remittances, bank account, expense tracking, bill payments and insurance.
‘Safer Migration’ (SaMI) project (Helvetas Nepal, funded by Switzerland) is a joint skill-upgrade initiative to ensure decent work in countries of destination. It provides skill training, including life skills and health, and certification for prospective migrant workers (9000 have benefitted from this programme between 2011 and 2018 of which 22% of women). Collaboration between CSOs, private institutions, the Council for Technical Education and Vocational Training (CTEVT) and Foreign employment board (FEB)
International initiatives such as the Call to Action: “Remittances in Crisis: How to Keep Them Flowing”, launched by Switzerland and the United Kingdom in May 2020, have also contributed to leveraging remittances and other migration-related financial flows to assist local COVID-19 response and recovery interventions.
DIASDEV is a joint project initiated by the French Development Agency and the Caisse des Dépôts from France, Italy, Morocco, Senegal and Tunisia and carried out in partnership with public-sector financial institutions in 2021.
DIASDEV aims to increase diasporas’ capacity to mobilize their savings for investing in their countries of origin. To achieve this goal, the project is structured around two pillars:
i) Facilitation fund for diasporas’ investments, offering funding for technical and financial assistance to financial operators, banks, post offices
The Program 3x1 (“Programa 3x1 para migrantes”) supports Mexicans living abroad to develop social infrastructure and productive projects in their hometown communities, with the participation of the federal, state and local government. The Program 3x1 for migrants is the federal government's answer for supporting migrant desire of improving their hometowns through the development of community social and productive projects. Adding the participation of the state and local government and hometown associations.
PostBank Uganda, in partnership with Posta Uganda and the International Fund for Agricultural Development (IFAD), is finalizing its remittances business plan and expanding financial inclusion through remittances in rural areas of Uganda, leveraging Posta Uganda’s broad network of rural post offices to expand access to financial services for the rural population. The post offices are being equipped with modern digital and mobile technologies for remittance delivery and financial service transactions, and postal staff is receive specialized training.
Remit Hydro, a subsidiary of the government company Hydro Electricity Investment and Development Company Limited (HIDCL), is a concept for the development of hydropower sector in Nepal. A part of the remittance money the country is receiving will be used in the equity investment of hydropower projects. The project aims to promote collective remittances for development and encourage the productive use of remittances.
Global Pinoy offers remittance services for global and local Filipinos online. Furthermore, Global Pinoy has partnered with SM Cares to establish SM Global Pinoy Centers in SM Malls nationwide that offer services catered to the needs of the Overseas Filipino Workers and their families. Such services include free internet services, mobile phone charging, voice calls, beverages, BDO Remittance Pick-up services, and Foreign Exchange services by the SM Department Store.
The PARE 1+1 Programme for Attracting Remittances into the Economy, launched in 2010, offers funding to complement migrants’ financial resources and provides entrepreneurial training to migrants and their relatives for business development. The Programme also provides beneficiaries with information on the existing business opportunities. For this purpose, diaspora networks act as important information dissemination channels thus raising awareness on available investment opportunities in Moldova.
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