International Day of Cooperatives

International Day of Cooperatives History

The International Day of Cooperatives is a global observance that celebrates the cooperative movement and highlights the social, economic, and environmental contributions of cooperatives around the world. This observation aims to increase awareness of cooperatives and their importance in addressing various challenges faced by local communities, thus promoting sustainable development and social responsibility. The cooperative business model has played an essential role in creating employment opportunities, promoting gender equality, and reducing poverty.

The United Nations established the International Day of Cooperatives in 1992, in response to the cooperative movement’s increasing influence on global socio-economic development. In New Zealand, cooperatives have a long-standing presence that contributes significantly to the nation's economy. They operate across various sectors, including agriculture, retail, and finance, with many New Zealanders being affiliated with cooperatives as members, investors, or employees. This observance provides an opportunity for New Zealanders to recognize the significant role that cooperatives play in their economic growth and social development.

Typically, International Day of Cooperatives is marked by a series of events and activities in New Zealand aimed at promoting the cooperative model and encouraging further engagement in this inclusive approach to social and economic organization. These activities include seminars, conferences, and workshops that share successful cooperative practices and celebrate the achievements of existing cooperatives. The International Day of Cooperatives is observed annually on the first Saturday of July, providing a platform for New Zealanders and the global community to reflect on the power and potential of cooperatives in creating a more equitable, sustainable, and prosperous world.