Global Cooperative Leaders Launch CM50 Initiative and Manifesto for New Economy at Doha Summit 2025
At the 2025 UN Summit in Doha, cooperative leaders launched the CM50 initiative and a new manifesto, highlighting cooperatives’ $2.8 trillion economic impact and role in sustainable development.
- • Launch of the CM50 global cooperative leaders network at the UN World Summit in Doha.
- • Publication of a Contract for a New Global Economy promoting sustainable development and social inclusion.
- • Recognition of cooperatives as the world’s eighth largest economy with $2.8 trillion combined revenue.
- • Closing of the UN International Year of Cooperatives 2025 and presentation of ICA's 2026-2030 Strategy.
Key details
At the United Nations World Summit for Social Development in Doha, Qatar, from November 4 to 6, 2025, global cooperative leaders launched the CM50 initiative, unveiling a manifesto termed the Contract for a New Global Economy. Spearheaded by the International Cooperative Alliance (ICA), this network features influential figures such as Jayen Mehta from Amul, Shirine Khoury Haq from Co-op Group, and Howard Brodsky from CCA Global Partners. The Doha Political Declaration underscored cooperatives' pivotal role in fostering entrepreneurship, decent work, social inclusion, and sustainable development.
The summit marked the conclusion of the UN International Year of Cooperatives 2025, with a closing event celebrating cooperatives' impact on the UN Sustainable Development Goals. The ICA and the UN Committee for the Promotion and Development of Cooperatives co-hosted a Solutions Session attended by heads of state, UN representatives, and cooperative leaders, where the ICA unveiled its 2026-2030 Strategy.
A key highlight was the release of the ICA’s special edition of the World Cooperative Monitor, reporting that the top 300 cooperatives worldwide generate a combined revenue of $2.8 trillion, which ranks them as the eighth largest economy globally. Ariel Guarco, ICA President, emphasized cooperatives' distinctive contributions toward building fairer, more resilient economies and societies.
This collective effort showcases cooperatives as essential actors in shaping a more inclusive and sustainable global economic model, leveraging their scale and social purpose to enhance economic resilience ahead.
This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.