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Ponta Delgada ,  October 29, 2015

Solidarity Economy is the new agent of sustainable development, says Regional Director for Social Solidarity

The Regional Director for Social Solidarity stressed today the importance of solidarity and social economy as a new sustainable development agent, ensuring that there are solutions for the challenges the sector faces.

"In the economic world, there is indeed a new development factor, in addition to public and private sectors. We are obviously talking about solidarity economy," said Frederico Sousa. The government official spoke at the opening of the seminar "Challenges to the Sustainability of Social and Solidarity Economy," an event promoted by Cresaçor.

In his speech, the Regional Director stressed that solidarity economy "is characterised by a myriad of economic initiatives in management or community and is guided by social, cultural and environmental goals."

"While economic activities are not geared to profit and, thus, they are perfectly suited to the promotion of sustainable development and equality," added the government official.

For Frederico Sousa, "the solutions exist, but insisting on the same rules aimed at markets does not provide the means for them to flourish and reach the desirable size to change the path of development towards a sustainable future."

In this regard, the government official recalled the need to review factors such as corporate social responsibility or the prioritisation of goods and services of social and solidarity economy.

"For all the work that still needs to be developed by the Government in terms of public policies, other actors in society should also take action. We cannot simply assign responsibility, we must also share it. It is important to contribute to criticism, non-destructive, with viable and consistent projects and realistic but ambitious goals, but being aware that this is a path to be followed and not a race," defended the Regional Director.


Official government press-releases presented in all foreign languages interfaces of the Azorean Government Portal (Portal do Governo dos Açores) are a sub-set of the government's official press-releases daily output and are chosen for translation and publication on the foreign language interfaces based on audience segmentation criteria. The entire collection of the Azorean government press-releases is available in portuguese, here, from the GACS Press Office site.

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