Development Finance Corporation supports International Cooperatives Day 2020

Published by BBNTEAM at July 11, 2020

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Posted: Saturday, July 11, 2020. 11:58 am CST.

By Aaron Humes: The Development Finance Corporation (DFC) is to assist farmers in the Nago Bank section of Maskall Village, Belize District, after attending a meeting with farmers as part of International Day of Cooperatives held last week under the theme, ‘Cooperatives for Climate Action’ focusing on Sustainable Development Goal (SDG) 13 on Climate Action and focusing on the contribution of cooperatives towards combating climate change.

DFC reps Armin Cansino – Central Branch Manager and Jeffy Gomez – Credit Officer, engaged with the farming cooperative established in the village on the Corporation’s agriculture & livestock financing and climate resiliency financing. Several needs were identified and DFC’s Belize district team will continue to engage with the agricultural officers and the Nago Bank Cooperative membership.

The International Day of Cooperatives is celebrated internationally on the first Saturday in July, to increase awareness on the importance of cooperatives, and highlights the complementary goals, objectives, and contributions of the United Nations and the international cooperative movement.

The International Cooperatives Alliance (ICA) website states: “No country is immune from it – Greenhouse gas emissions are more than 50 percent higher than it was in 1990, and global warming is causing long-lasting changes to our climate system which threatens irreversible consequences if we do not act. Climate change severely impacts people’s livelihoods around the world, especially the most disadvantaged groups such as small-scale farmers, women, youth, indigenous peoples and ethnic minorities, who have to cope with extreme natural disasters and degradation of natural resources.”

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