Transforming the Global Economy Through Cooperation
At a recent summit in Doha, a significant initiative was unveiled by cooperative and mutual leaders. The gathering highlighted the importance of collaborative efforts in addressing today's economic challenges. This global network aims to promote cooperative enterprises as vital players in the quest for a sustainable economy.
Announcing the Manifesto
The manifesto, termed the Contract for a New Global Economy, was presented during the World Summit for Social Development. This landmark event showcased the cooperative business model's potential to enhance social and economic resilience while promoting sustainable development. The strong participation of leaders from various sectors and contexts underlines the urgency and collective interest in this transformation.
Leadership within the Movement
The initiative is backed by the Cooperatives and Mutuals Leadership Circle (CM50), which unites prominent figures from the cooperative sector, including esteemed leaders like Jayen Mehta from Amul, Shirine Khoury Haq of Co-op Group, and Howard Brodsky of CCA Global Partners. They bring diverse insights and experiences that contribute to shaping the movement's goals and strategies.
The Significance of the Doha Summit
The summit's framework was firmly rooted in the Doha Political Declaration, which articulates the role of cooperatives in fostering social and solidarity economies. This declaration emphasizes entrepreneurship, the creation of decent work opportunities, and driving social inclusion as critical priorities for global leaders.
Recognizing Global Contributions
Diverse stakeholders participated in a Solutions Session facilitated by the International Cooperative Alliance (ICA) alongside the Committee for the Promotion and Advancement of Cooperatives (COPAC). This session highlighted cooperative achievements and strategic plans moving forward, including celebrating the closing of the United Nations 2025 International Year of Cooperatives.
A Vision for Sustainability
Ariel Guarco, President of the ICA, eloquently expressed the significance of this movement, stating, "Cooperatives have demonstrated their power to build fairer, more resilient economies and societies. The mission is clear: expand the cooperative footprint as a catalyst for the UN Sustainable Development Goals." His statement underlines the collective commitment present among cooperative leaders to advance these noble objectives.
The ICA also introduced a special edition of the World Cooperative Monitor, highlighting the substantial social and economic impacts of cooperative movements. The report shows significant metrics, indicating that the world's top 300 cooperatives account for a cumulative turnover of around USD 2.8 trillion, marking them as a formidable economic force globally.
About the International Cooperative Alliance (ICA)
The ICA, established in 1895, plays a crucial role in strengthening cooperative enterprises. Their work is guided by values of democracy, equality, and mutual prosperity, forming the bedrock of their approach to cooperative development.
For further information, visit www.ica.coop.
Frequently Asked Questions
What is the purpose of the new manifesto launched in Doha?
The manifesto aims to reshape the global economy by promoting cooperative business models that enhance sustainability and social inclusion.
Who are the key leaders involved in the initiative?
Notable leaders include Jayen Mehta from Amul, Shirine Khoury Haq from Co-op Group, and Howard Brodsky from CCA Global Partners, among others.
What role do cooperatives play according to the Doha Political Declaration?
Cooperatives are recognized as essential in promoting social and solidarity economies, fostering entrepreneurship, and creating decent jobs.
What is the significance of the World Cooperative Monitor?
The monitor reports on the social and economic impact of cooperatives, showcasing their combined turnover and contributions to the global economy.
How does the ICA support cooperative enterprises?
The ICA promotes cooperatives' growth and resilience through advocacy, research, and collaboration among cooperative enterprises worldwide.
