Remittances for Development phase II - UNCDF PHASE II Remittances for Development phase II Remittance for Development II är en fortsättning på ett program avseende remitteringar som Sida stödde 2019–2022. Syftet med programmet är att stärka tillsynsmyndigheters kapacitet att övervaka och samla in korrekt och meningsfulla data om remitteringar för ett faktabaserat policyutvecklande; utveckla digitala kanaler för migranter att skicka och ta emot remitteringar med kapacitet att länka remitteringar med finansiella produkter utformade för deras behov. Programmet kommer att genomföras genom följande fyra arbetsflöden: 1) stödjande policys och regleringar, 2) ett tillgängligt ekosystem för digitala betalningssystem, 3) inkluderade och innovation och 4) stärkande av kunderna. Programmet hanteras genom de regionala hubbarna hos de Regional Economic Communities (RECs) – ECCAS (baserat i Gabon), ECOWAS (för WAEMU, baserat i Senegal), IGAD (baserat i Djbouti), och därutöver teknisk expertis baserad i Kenya, närmare African Institute of Remittances (AIR) och AfricaNenda HQ. Remittance for Development II is a continuation of the Remittance for Development I that Sida, has supported since 2019. The aim of the program is to strengthen the capacity of the regulator to monitor accurate and meaningful data on remittances for evidence-based policy making; developing digital channels at the regional level for migrants to send and receive remittances with the capacity to link remittances with financial products designed to their needs. The program will be conducted through the following four workstreams: 1) Enabling Policy and Regulations, 2) Open Digital Payment Ecosystems, 3) Inclusive Innovation and 4) Empowered Customers. The program is being managed through the regional hubs hosted at Regional Economic Communities and Commissions (RECs) – ECCAS (based out of Gabon), ECOWAS (for WAEMU, based out of Senegal), IGAD (based out of Djbouti), and in addition senior staff and technical capacity to be hosted in Kenya, closer to African Institute of Remittances (AIR) and AfricaNenda HQ. The Goal of the Programme is to contribute to regional harmonization of remittance policies and availability of affordable, accessible, reliable, and tailored digital remittances and financial products to female and male migrants towards their economic inclusion, financial resilience, and reduced inequality. 

Expected results of the Programme are as follows:
1. Regional Stakeholders:
- Building on existing projects and engagements on migration and development, provided technical assistance and advocacy to the Secretariat of Regional Economic Communities (RECs) towards harmonization of mobilization of remittances flows.
- Supporting RECs with the implementation of regional harmonization through the National Working Group on Remittance (NWG-R) in each Member State under the existing National Coordination Mechanism on Migration and Regional Steering Committee on Remittance (RSC-R).
- Collaborate with regional technical institutions  AfricaNenda, Pan Africa Payments and Settlements Systems (PAPPS), AU Statistics Commission and African Institute of Remittances  with an aim to strengthen its regional and country capacity on remittance data and statistics, enabling laws and regulations and open digital payment ecosystem.

2.National Policy makers and Regulators:
- Strengthened data capacity of the regulator to monitor accurate and meaningful data on remittances for evidence-based policy making.
- Contribution towards regional harmonization of risk-based remittance policies and regulations.
- Promotion and development of digital channels for migrants to send and receive remittances at cheaper transaction costs, improving the agent network and access points, and designing and testing migrant-centric and gender-smart financial products linked to remittances.