This year on July 6, cooperatives around the world will celebrate the International Day of Cooperatives with the theme "Cooperatives Build a Better Future for All." Cooperatives will have the opportunity to showcase their current and historical contributions to building a sustainable future, accelerating efforts to implement the Sustainable Development Goals (SDG) by 2030. The theme aligns well with the objectives of the upcoming UN Summit of the Future whose theme is “Multilateral solutions for a better tomorrow”.

The cooperative identity, values, and principles set a strong system for achieving the SDGs. For the 2024 #CoopsDay, cooperatives can showcase their high standards for inclusive and sustainable growth, and serve as stewards for protecting the environment and fighting climate change. Through dialogue, democratic governance, and shared ownership, cooperatives set an example for peace and stability, bringing people from diverse backgrounds together on equal terms, and fostering mutual understanding and respect. The cooperative youth are empowered to lead the way by giving them opportunities, transferring knowledge, and ensuring diversity, equity and equality for all.

The 2023 UN Secretary-General Report on Cooperatives in Social Development acknowledged that cooperatives have a track record of promoting the economic and social development of all people including marginalized groups. Cooperatives consistently show their resilience in times of social and economic crises. The United Nations recognizes the cooperative movement as its key partner in accelerating sustainable development and calls on its member states to support and strengthen cooperatives’ entrepreneurial ecosystems. This can increase their capacity to create more social, economic, and environmental impact in society.