What was the theme of ICA Global Cooperative Conference in November 2024?

The correct answer is Cooperatives Build Prosperity for All.

Key Points

• The ICA Global Cooperative Conference in November 2024 had the theme "Cooperatives Build Prosperity for All."
• It emphasized the role of cooperatives in fostering inclusive economic growth and equitable development across communities.
• The conference brought together cooperative leaders, policymakers, and stakeholders from around the globe to discuss strategies for achieving prosperity through cooperative models.
• This theme aligns with the International Cooperative Alliance's mission to promote sustainable development and solidarity within the cooperative movement.
• The conference showcased examples of cooperative initiatives successfully improving livelihoods and creating opportunities for marginalized groups.

Additional Information

• International Cooperative Alliance (ICA)
  • The ICA is a global organization representing cooperatives worldwide, founded in 1895.
  • Its mission is to unite, represent, and serve cooperatives, advocating their role in sustainable development.
  • The ICA defines cooperatives as autonomous associations of people united voluntarily to meet common economic, social, and cultural needs.
  • It works towards promoting cooperative values such as self-help, equality, equity, and democracy.
• Role of Cooperatives in Economic Growth
  • Cooperatives play a critical role in local economic development by generating employment and supporting small-scale enterprises.
  • They empower individuals and communities, fostering financial inclusion and social equity.
  • Cooperatives operate on the principle of shared ownership and democratic decision-making, ensuring accountability and fairness.
• Global Cooperative Movement
  • The cooperative movement is recognized as an essential force for sustainable development and poverty reduction globally.
  • It is supported by international bodies such as the United Nations, which declared the International Year of Cooperatives in 2012.
  • Cooperatives contribute significantly to achieving the United Nations' Sustainable Development Goals (SDGs), including zero hunger and reduced inequalities.
• Sustainable Development through Cooperatives
  • Cooperatives focus on long-term benefits for members and communities, rather than short-term profits.
  • They promote environmentally friendly practices and support green initiatives in sectors like agriculture and energy.
  • By engaging communities, cooperatives help build resilience against social and economic challenges.