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Remittances: Experiences & Lessons from the AFI Network

18 January 2017
Remittances have become an important souce of foreign funds for many countries. It has also helped reduce poverty and improve access to health and education. Globally, India is the largest remittance-receiving country, with an estimated $69 billion in 2015. It is followed by the People's Republic…

Promoting Low-cost Formal Remittance Channels and Financial Literacy

18 January 2017
In the Philippines, remittances have become very important, given the increasing number of overseas Filipino workers (OFW) and the amount they regularly send back to the country. In 2015, official data show that they sent $25.6 million cash remittances, which is about 10% of the country's gross…

Cross-border Remittances: Promoting Low-cost Remittance Channels

18 January 2017
Remittances have become larger than official development assistance. They are also more stable than capital flows. This presentation shares the top recipients of remittances worldwide and the trends in international remiitances costs. It also discusses the challenges experienced by some countries…

Remittance in Asia: Key Issues and Policy Challenges

18 January 2017
Remittances play an important role in many economies. They are the main source of foreign exchange in many developing countries. They have also become an important and fairly stable source of income for many families. To maximize the benefits of remittances, countries should be able to update and…
Organizer: Human and Social Development Sector Office

Economics of Insurance: Understanding the Value Creation

8 December 2016
According to a World Bank study in 2006, insurance and economic growth have a causal relationship. As economies expand, more businesses will seek insurance to manage their exposure to risk. To stimulate economic growth, availability and use of insurance should also be encouraged. This study shares…

Digital Revolutions in Taxation

2 December 2016
Digitalization has vast potential for tax policy and revenue administration. Increased access to information, enhanced digital systems, and greater processing capabilities will allow for reductions in the cost of tax collection and compliance and lead to new tax policy options. Based on the latest…

Trust Funds as a Tool to Protect the Water Source Areas: A Case Study in Longwu, Zhejiang Province

25 November 2016
The Shanshui trust fund, Hangzhou’s Longwu reservoir water source protection project, is a public trust project to protect and manage the environment of small drinking water source. It is supported by the Wanxiang Trust–China Nature Conservancy Public Trust. The project use the trust structure to…

An International Overview of Innovative Financing Instruments for Ecosystem Management, and Implications for the People's Republic of China

24 November 2016
Michael Bennett, Forest Trends senior researcher, outlined some of the major types of innovative approaches for conservation finance globally, and highlighted some of the main trends in the developments of these approaches. In the presentation, Bennett discussed the position of the People’s…

Progress in Payment for Forest Environmental Services in Viet Nam

24 November 2016
Pham Hong Luong, director of the Department of Planning and Finance, Viet Nam Administration of Forestry, provided a briefing on Viet Nam’s payment for forest environmental services (PFES). PFES was piloted in 2008 in two provinces, Son La and Lam Dong, and replicated throughout the country in 2011…

Water Funds in the People’s Republic of China

24 November 2016
Based on the payment for ecosystem scheme, The Nature Conservancy (TNC) has developed sophisticated financial tools, collectively called Water Funds, to attract investments from water users and direct the funding toward conservation of key lands upstream that filter and regulate water supply. TNC’s…