On 21 December 2024, the cooperative movement celebrated a historic milestone in Rochdale—the birthplace of cooperation. This celebration was the launch backdrop for the Fund for International Co-operative Development (FICD). This marks the first-ever fund dedicated to supporting global communities through crises, fostering peace, and building sustainable economies.

Driving Change Through Cooperation

The fund represents a new chapter in leveraging cooperative principles to create meaningful change. It is developed collaboratively by leading UK cooperatives, including Co-op Group, The Midcounties Co-operative, Central Co-op, Lincolnshire Co-op, and Co-operatives UK.

Furthermore, key partners such as the Co-operative College, Co-operative Heritage Trust, and Co-op News are adding their expertise to ensure the fund’s success. Together, they aim to establish multi-million-pound partnerships to amplify the impact of cooperatives in driving sustainable, inclusive development.

Focus Areas of the Fund

The Fund for International Co-operative Development will focus on three critical areas:

• Crisis Response: Delivering immediate humanitarian aid in regions affected by conflict and natural disasters.
• Medium-Term Rebuilding: Supporting cooperatives in post-crisis recovery efforts.
• Long-Term Mutual Aid: Promoting social justice by fostering resilient, inclusive economies through cooperative models.

Launching into the UN 2025 International Year of Co-operatives

This pivotal moment coincides with the upcoming UN 2025 International Year of Cooperatives, themed “Cooperatives Build a Better World.” The theme emphasizes the crucial role of cooperatives in creating resilient and equitable global communities. The FICD is poised to play a central role in realizing this vision, showcasing how cooperatives can address global challenges.

Join the Movement

The Fund for International Co-operative Development is actively building its operations and membership for 2025. It’s inviting cooperatives and their members to join this initiative by contributing financially or sharing their expertise.

To learn more or get involved, contact Dr. Sarah Alldred, FICD Manager and Secretary, at sarah.alldred@fund.coop.