International Cooperative Alliance
About ICA
- The International Cooperative Alliance (ICA) is the global organization that unites, represents, and serves cooperatives around the world.
- Founded in 1895, London, England during the 1st Cooperative Congress, it is one of the oldest and largest non-governmental organizations, representing 1 billion cooperative members globally.
- With approximately 3 million cooperatives across the planet, the ICA serves as the apex body for the cooperative movement, providing a global platform for collaboration, knowledge exchange, and coordinated action.
- It is the leading voice for cooperatives, advocating for their interests and supporting the sharing of expertise across the sector.
- ICA has over 306 member organizations across 105 countries.
- Its members include both international and national cooperative organizations representing a wide range of economic sectors, such as agriculture, banking, consumer goods, fisheries, health, housing, insurance, and industry & services.
Why in News?
- Prime Minister Narendra Modi has inaugurated ICA Global Cooperative Conference 2024 in New Delhi.
- The conference will bring together cooperators from around the globe to explore the role of cooperatives in shaping a collective, peaceful, and prosperous future for all.
- The conference theme, “Cooperatives Build Prosperity for All,” highlights the people-centered, purpose-driven, and progress-oriented nature of cooperatives.
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