The International Cooperative Alliance (ICA) organised a hybrid pre-Congress session to explore how cooperative can promote their identity before the G20. The event took place in Seoul, Republic of Korea, and virtually on 30 November, ahead of the World Cooperative Congress.
During the meeting of the ICA’s G20 Working Group, present were some of the promotional work cooperatives have undertaken within the G20 and B20 Engagement Groups. Also in this event, Italian cooperators hand over the presidency of the ICA G20 Working Group to their Indonesian counterparts with Indonesia taking over the Presidency of the G20.
The G20 membership comprises a mix of the world’s largest advanced and emerging economies, representing about two-thirds of the world’s population, 85% of global gross domestic product, 80% of global investment and over 75% of global trade. The G20 is made up of 19 countries and the European Union along with representatives of the International Monetary Fund and the World Bank. Earlier this year, the ICA established a G20 Working Group (ICA G20 WG), which has been collaborating with the Italian Cooperative Alliance to contribute to the G20 discussions under the current G20 Italian Presidency, particularly involving the Business 20 (B20) and Civil Society 20 (C20) task forces. As a result of joint efforts and active participation in the different debates, the G20 policy recommendations have recognised cooperatives’ contribution to building up a sustainable future for all.
Discover more about the ICA’s G20 Working Group here.