The Co-operative Development Foundation of Canada (CDF) has today announced the launch of a campaign to raise 12 million dollars for global co-operative development over the next four years. To date, more than $1 million has already been pledged to the Build a Better World Campaign by co-operatives and individuals.
According to CDF Board Chair Michael Barrett, the campaign was inspired, in part, by the theme of the UN's International Year of Co-operatives - Co-operative Enterprises Build a Better World. "Co-operatives are among the most effective tools in reducing and eliminating poverty, and our long association with the international development program of the Canadian Co-operative Association (CCA) has proven that time and time again through hundreds of projects in Asia, Africa and Latin America. We believe that 2012, the International Year of Co-operatives, is the perfect time to take our support for poverty reduction to a new level."
When five co-op and credit union leaders return from Peru in two weeks time, it will mark more than just the end of a successful study and technical mission. All five have volunteered to assist the Co-operative Development Foundation of Canada (CDF) in raising funds in Canada for poverty alleviation work around the world. Their return will signal the beginning of an initiative to increase support for CDF, linked to the United Nations International Year of Co-operatives in 2012.
“Each one of these individuals has proven their commitment to reducing poverty in the developing world, and they understand the power of co-operatives in that effort,” said CDF Director of Fundraising and Operations, Julie Breuer. “It is going to take hard work and persistence to grow our base of support, and we wanted to tap into the inspiration that comes from seeing the fight against poverty up close.”
CDF is reaching out to co-operatives and credit unions across Canada to solicit financial support in aid of families affected by a tropical storm that struck the Philippines over the weekend. At last count, more than 927 people were dead, many were still missing, and tens of thousands displaced.
After an impactful two week journey through Sri Lanka, Paul Kelly, President and CEO of First Calgary Financial is working with ten co-operative enterprises from around Canada to raise funds and mobilize community support around the issues of poverty in that country. First Calgary Financial is proud to support these efforts through a donation of $10,000 to CDF.
First West Credit Union today announced a $25,000 donation to CDF in support of the Canadian Co-operative Association’s (CCA) Women’s Mentorship Program. Since 2001, First West has contributed close to $155,000 to the CCA’s Women Mentorship Program in an effort to reduce poverty and support the development of co-operatives and credit unions in Africa, Asia, and the Americas.