Ban Ki-moon calls on governments to support cooperatives

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UN Secretary-General Ban Ki-moon has called on governments to encourage policies to support and strengthen cooperatives so they can contribute fully to inclusive and sustainable development.

He made the call on the International Day of Cooperatives, the 6th of July.

Cooperatives are organized around financial, agricultural or employment needs, for example.

After disasters such as earthquakes, tsunamis and floods, said the Secretary-General, cooperatives have shown their ability to mobilize solidarity for reconstruction.

Social cooperatives, he continued, can provide an important safety net in the face of declining or minimal public welfare.

The Secretary-General also pointed out that cooperatives can help build resilience in all socio-economic spheres in times of global uncertainty.

A cooperative has been described as a business that belongs to the people who use it—people who have organized to provide themselves with the goods and services they need.

Gerry Adams, United Nations

Duration: 1’06″

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