International Co-operative Day 2020

International Co-operative Day is annually celebrated on the first Saturday in July by the International Co-operative Alliance. In 2020, it is being celebrated on 4 July under the theme “Let’s cooperate and invite everyone to fight for climate action.”

Daily Current Affairs Quiz 2020

Key-Points

The aim of this celebration is to increase awareness of cooperatives.

Co-operatives have been acknowledged as associations and enterprises through which citizens can effectively improve their lives while contributing to the advancement of their community and nation.

Since 1995, the United Nations and the International Cooperative Alliance have been setting the theme for the celebration of the Day.

Co-operatives Movement

Co-operatives have been acknowledged as associations and enterprises through which citizens can effectively improve their lives while contributing to the economic, social, cultural and political advancement of their community and nation. The co-operative movement has been also recognized as a distinct and major stakeholder in both national and international affairs.

The cooperative movement is highly democratic, locally autonomous, but internationally integrated, and a form of organization of associations and enterprises whereby citizens themselves rely on self-help and their own responsibility to meet goals that include not only economic, but also social and environmental objectives, such as overcoming poverty, securing productive employment and encouraging social integration.