“The G20’s uptake of the cooperative business model as a component of its evolving global economic policy recommendations will lead to a greater understanding of the cooperative business model around the world that will ultimately empower individuals and local communities to elevate themselves out of poverty and help protect our environment and natural resources. The B20 urges G20 nations to recognize the importance of co-operatives and deploy policy levers to facilitate the participation of cooperative societies in global trade,” said the Chair of the ICA G20 Working Group, Howard Brodsky.
“Cooperatives are enterprises formed by civil society that create work, generate wealth and distribute development opportunities for everyone, from a democratic, equitable and solidary matrix. This way of doing economy has been growing for more than 200 years all over the planet. Therefore, it is vital that the governments of the G20 nations heed the recommendations arising from our participation in the B20 and the C20 to create political and regulatory frameworks that favour its growth and impact on the economy for the good of people and the planet”, said the President of the ICA, Ariel Guarco.
