Valencian Fent Cooperativism Plan

= also called the 'Fent Cooperatives Plan'

Description

Ilcheong Yi, Fulvia Farinelli,band Raymond Landveld:

"Spain was the first country in Europe to pass a Social Economy Law (2011) and one of the first to approve a national government strategy for SSEOEs. Moreover, following the regional and local elections of 2015, many sub-national governments promoted new generation of policies to foster the Social Economy particularly the local government in Valencia.

In 2015, a coalition of left-wing political parties took office in the region of Valencia and signed a global agreement for socio-economic transformation, “l’Acord del Botànic” which included a medium-term strategic plan for the transformation of the Valencian economy structured along 10 strategic areas including “Promoting the creation of sustainable employment and social economy” (area 5).

With the widespread political consensus, in October 2017, the Valencian Cooperativism Council (Consejo Valenciano de Cooperativismo), made up of the Consell and the Confederació de Cooperatives, approved the 1st Biennial Plan to Support and Promote Valencian Cooperativism (2018–2019), called ‘Fent Cooperatives’.

This particular policy was designed to support Cooperatives across Valencia and was aligned with national and multinational public policies, such as the Europe 2020 Strategy, the rural development plan, the Valencian Territorial Strategy, and the Valencian Entrepreneurship Plan.

Policy

"The strategic goals of the ‘Fent Cooperatives’ Plan is to improve the competitiveness of Valencian cooperatives across four areas which are:

1. Achieving social, economic, and environmental sustainability.

2. Increasing stable and quality employment.

3. Making progress towards equal representation of women and young people in corporate responsibility areas.

4. Extending the values and principles of the cooperative model to the rest of the Valencian business fabric.

Furthermore, the strategic plan also specifies the Body responsible for the implementation of each initiative and the budgetary amount allocated, which also includes a strategy for monitoring and assessing results, with an evaluation after two years."

(https://www.un.org/sites/un2.un.org/files/social_and_solidarity_economy_29_march_2023.pdf)