Davos – The United Nations Migration Agency Director General William Lacy Swing is attending this week’s World Economic Forum (WEF) in Davos, Switzerland with a full slate of daily events.
Early on Tuesday (23/01), DG Swing participated in the WEF’s fourth annual When Women Thrive briefing, this year called From Opportunity to Action. Participants are being asked to consider the widening economic gender gap and ask themselves, “Are we making progress or making noise?”
Three afternoon sessions on Tuesday – ‘World in Transformation: Migration’, ‘We Need to Talk About…Immigration’ and ‘Reconnecting Refugees’ – will discuss data-driven strategies of integration and advocacy.
Wednesday’s activities include a morning panel: More than Numbers: How Decision Makers Can Capture the Value of Migration Through Data, featuring Ambassador Swing with Sigrid Kaag, Minister for Foreign Trade and Development Cooperation, Netherlands and Solveigh Hieronimus, Partner, McKinsey & Company, moderated by Khalid Koser, Executive Director, Global Community Engagement and Resilience Fund.
This event is timely given Wednesday’s launch of a new report, More Than Numbers: How Migration Data Can Deliver Real-life Benefits – by the UN Migration Agency’s (IOM) Global Migration Data Analysis Centre (GMDAC) and the McKinsey Centre for Government (MCG) that explains how using better data to address the challenges and opportunities of migration could be worth tens of billions of dollars to cities, governments, consumers and tax-payers worldwide.
The report illuminates how investing in migration data can bring huge economic, social and humanitarian benefits. It provides detailed calculations of these benefits, across a range of different policy areas, and for both developed and developing countries. Looking ahead, the report provides guidance to countries interested in realising these benefits and suggests ways in which they could develop their own strategies to improve data on migration.
For example, many migrants to the European Union have skills that do not match their jobs. Using data to reduce over-qualification would increase the income of migrants in the EU by EUR 6 billion, the report calculates.