The Impact and Future of Cooperatives: A Commemoration of The International Day of Cooperatives 2025

As the world gather to celebrate the International Day of Cooperatives which coincides with the flagship event of International Year of Cooperatives 2025 proclaimed by the United Nations in recognition of the crucial importance of the cooperatives to the advancement of economic development, social inclusion, and sustainable livelihoods, it is pertinent to lend a voice showcasing our unique contributions to more sustainable solutions for a better world, which is in alignment with this year’s theme. Importantly, young people stand at the heart of a growing global movement that is reshaping economies, communities, and the future of work. In a time marked by economic uncertainty, climate change, and social inequality, cooperatives offer young people a platform to lead, innovate, and build a more just and sustainable world. Rooted in values of mutual aid, democratic participation, and shared ownership, cooperatives offer an economic model that prioritizes people over profit and ensures that economic benefits are equitably distributed among members, which ultimately promotes inclusion and accountability. As engines of economic and social development, cooperatives are uniquely positioned to address global challenges and contribute to a more equitable and just world, particularly as it aligns closely with the United Nations Sustainable Development Goals in areas such as poverty eradication, zero hunger, gender equality, decent work and economic growth, reduced inequalities and sustainable communities. As such, it is essential to recognize cooperatives not only as economic actors but as holistic institutions that place people, community, and sustainability at their core.

The International Day of Cooperatives 2025 transcends celebration; it is a call to action. This webinar will examine the achievements of the cooperatives model and discuss mechanisms geared towards the renewal of commitment to their continued growth. The engagement which this webinar seeks is also crucial for the future of cooperatives- to give a platform for the exchange of fresh ideas and to rejuvenate the cooperative movement.