The United Nations (UN) General Assembly has adopted a new resolution on cooperatives in social development calling for the proclamation of 2025 as an International Year of Cooperatives.

The text encourages all member states, as well as the United Nations and all other relevant stakeholders, to take advantage of the International Year of Cooperatives as a way of promoting cooperatives and raising awareness of their contribution to the implementation of the Sustainable Development Goals and to overall social and economic development. The resolution was presented by the Government of Mongolian and adopted on 3 November during the 47th plenary meeting of the United Nations General Assembly.