A/RES/71/1 New York Declaration for Refugees and Migrants 7. We bear in mind that policies and initiatives on the issue of migration should promote holistic approaches that take into account the causes and consequences of the phenomenon. We acknowledge that poverty, underdevelopment, lack of opportunities, poor governance and environmental factors are among the drivers of migration. In turn, pro-poor policies relating to trade, employment and productive investments can stimulate growth and create enormous development potential. We note that international economic imbalances, poverty and environmental degradation, combined with the absence of peace and security and lack of respect for human rights, are all factors affecting international migration. III. Content 8. The global compact could include, but would not be limited to, the following elements: (a) International migration as a multidimensional reality of major relevance for the development of countries of origin, transit and destination, as recognized in the 2030 Agenda for Sustainable Development; (b) families; International migration as a potential opportunity for migrants and their (c) The need to address the drivers of migration, including through strengthened efforts in development, poverty eradication and conflict prevention and resolution; (d) The contribution made by migrants to sustainable development and the complex interrelationship between migration and development; (e) The facilitation of safe, orderly, regular and responsible migration and mobility of people, including through the implementatio n of planned and wellmanaged migration policies; this may include the creation and expansion of safe, regular pathways for migration; (f) The scope for greater international cooperation, with a view to improving migration governance; (g) The impact of migration on human capital in countries of origin; (h) Remittances as an important source of private capital and their contribution to development and promotion of faster, cheaper and safer transfers of remittances through legal channels, in both source and recipient countries, including through a reduction in transaction costs; (i) Effective protection of the human rights and fundamental freedoms of migrants, including women and children, regardless of their migratory status, and the specific needs of migrants in vulnerable situations; (j) International cooperation for border control, with full respect for the human rights of migrants; (k) Combating trafficking contemporary forms of slavery; in persons, smuggling of migrants and (l) Identifying those who have been trafficked and considering providing assistance, including temporary or permanent residency, and work permits, as appropriate; (m) Reduction of the incidence and impact of irregular migration; 22/24