The Noah Project

Rebuilding a sustainable world.

UN Praises Role of Cooperatives in Sustainable Development

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United Nations officials are highlighting the role cooperative enterprises can play in economic development, social justice and environmental protection.

In his message for International Day of Cooperatives, marked annually on 5 July, Secretary-General Ban Ki-moon said that this year’s Day falls at a “critical time” with the UN working to reach the 2015 deadline for the Millennium Development Goals (MDGs), and adopt a long-range sustainable development agenda, as well as a new climate agreement.
“Cooperatives are particularly important to agriculture, food security and rural development. In the finance sector, cooperatives serve more than 857 million people, including tens of millions who live in poverty,” Mr. Ban said.
Ranging from small-scale to multi-million dollar businesses across the globe, cooperatives operate in all sectors of the economy, and provide 100 million jobs worldwide – 20 per cent more than multinational enterprises, according to 2011 figures from the UN Food and Agriculture Organization (FAO), the UN International Fund for Agriculture Development (IFAD) and the UN World Food Programme (WFP).
In 2008, the largest 300 cooperatives in the world had an aggregate turnover of $1.1 trillion, comparable to the gross domestic product (GDP) of many large economies, the UN agencies said.
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Author: Daniela

I was born in Croatia, at that time Yugoslavia. My family moved to the US when I was very young, but I still treasure the memories of my grandfather teaching me how to protect myself against the "evil eye," my grandmother shopping early every morning, at the open air market, to buy the freshest vegetables for the day's meals, and the traditions that were the underpinnings of our society. Someone once noted that "For all of us that want to move forward, there are a very few that want to keep the old methods of production, traditions and crafts alive." I am a fellow traveler with those who value the old traditions and folk wisdom. I believe the knowledge they possess can contribute significantly to our efforts to build a more sustainable world; one that values the individual over the corporation, conservation over growth and happiness over wealth.

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