International years are declared by the United Nations to draw attention to and encourage action on major issues. The International Year of Co-operatives is intended to raise public awareness of the invaluable contributions of co-operative enterprises to poverty reduction, employment generation and social integration. The Year will also highlight the strengths of the co-operative business model as an alternative means of doing business and furthering socio-economic development.
The UN’s goals for the IYC are to:
- Increase public awareness about co-operatives and their contributions to socio-economic development and the achievement of the Millennium Development Goals.
- Promote the formation and growth of co-operatives.
- Encourage governments to establish policies, laws and regulations conducive to the formation, growth and stability of co-operatives.
- More information about the UN's aims for IYC