
Add us as your preferred source on Google to see more of our content in Search.
Cooperatives help to build inclusive economies and societies, and can help to eliminate poverty and reach the other Sustainable Development Goals (SDGs), the head of the United Nations labour agency today said, marking the International Day of Cooperatives.
“Let us draw on the strengths of cooperatives as we pool efforts to implement the 2030 Agenda and make sure that no one is left behind,” Director General of the International Labour Organization (ILO) Guy Ryder.

“It means being particularly attentive to the situation of working women and men who are at risk of exclusion and poverty, including persons with disabilities, indigenous peoples, migrants and refugees,” Mr. Ryder.
Cooperatives allow people to create their own economic opportunities through the power of the collective, the UN has said, but there are still more areas where cooperatives’ potential can be explored. Cooperatives could play a powerful role in efforts to eliminate child labour, forced labour and discrimination at work.
The top 300 cooperatives alone generate $2.5 trillion in annual turnover, more than the GDP of France, according to the UN Department of Economic and Social Affairs (UNDESA).
The Committee for the Promotion and Advancement of Cooperatives (COPAC) – whose membership includes ILO, UNDESA and the UN Food and Agricultural Organization (FAO) – is scheduled to host the observance of the 2017 International Day of Cooperatives during the High-level Political Forum, to be held from 10-19 July in New York. This year’s theme for the Forum is “eradicating poverty and promoting prosperity in a changing world.”
Source: UN. Read full information.
3 July, 2017