The United Nations General Assembly has passed a resolution on the social and solidarity economy for sustainable development.
A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.
The ILO views cooperatives as important in improving the living and working conditions of women and men globally as well as making essential infrastructure and services available even in areas neglected by the state and investor-driven enterprises. Cooperatives have a proven record of creating and sustaining employment – they are estimated to provide at least 279 million jobs today; they contribute to promoting decent work and advancing sustainable development goals. The ILO activities are guided by the international standard on cooperatives, the ILO Promotion of Cooperatives Recommendation, 2002 (No.193).
