The Olympia City Council unanimously proclaimed 2025 as the Year of Cooperatives, recognizing the vital role cooperatives play in fostering a resilient and inclusive local economy.
The proclamation, approved during the city council's special meeting on Monday, Aug. 4, aligns with the United Nations global designation of 2025 as the International Year of Cooperatives. It recognizes the cooperative model as a tool for sustainable development, inclusive economic growth and social empowerment, especially for women, people with disabilities, indigenous peoples and communities of color.
"Cooperatives offer a valuable model for business succession, allowing employees and community members to assume ownership and management, thereby preserving business viability, local jobs, and community values during periods of transition," the proclamation states.
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