What are the Objectives of the Year?

International Year of Cooperatives (IYC)International Year of Cooperatives (IYC)International Year of Cooperatives (IYC)

The International Year of Cooperatives has three main objectives:

  • Increase public awareness about cooperatives and their contributions to socio-economic development and the achievement of the Millennium Development Goals
Promote growth
  • Promote the formation and growth of co-operatives among individuals and institutions to address common economic needs and for socio-economic empowerment
  • Encourage Governments and regulatory bodies to establish policies, laws and regulation conducive to co-operative formation and growth.

By raising awareness about cooperatives – what they are, and what they do – the Year will help to encourage support and development of cooperative enterprises by individuals and their communities.

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