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MENAREC II Conference: 

MENAREC II Conference Side Event Financing Models MENAREC II Conference Amman, May, 9-11, 2005 Jürgen Kern (Dipl.Ing.) Managing Director

Evolution: 

Evolution History of mankind At the beginning of the human civilisation there were only hunter & gatheres In case of small resources they have fought each other, like hunters do But some became farmer Some came together and founded co-operatives They carried out certain activities in common Ability of Crisis Management „End of the Stone Age (did not come with the end of stones)“ History of energy use Today we are still expoiting energy / water resources With small resources the wars for oil / water will rise Tomorrow we will ‚harvest‘ solar energy First we have to come together and start initiative Then we have to found co-operatives And fossil dinosaurs will die Ability of Crisis Management „End of the Fossil Age will not come with the end of oil“

International Co-operatives: 

International Co-operatives The Nature of the co-operatives A co-operatives is a legal entity that allows its members physical persons or legal entities) to carry out certain activities in common, while at the same time preserving their independence. Members of an co-operatives will normally be customers or suppliers and will be directly and personally involved in the activities and the management of the co-operatives. A co-operatives must have as its principal object the satisfaction of its members' needs and/or the development of their economic and social activities, and not the remuneration of a capital investment. The activities of an co-operatives should therefore be undertaken for the mutual benefit of its members in such a way that each member benefits from the activities of the co-operatives in relation to his volume of trade with the co-operative, not his capital contribution. The co-operatives is an optional legal form and does not replace existing laws governing co-operatives at national or regional levels. It is an instrument designed to facilitate trans-national co-operation and therefore the members must be resident in more than one Member State.

MCMC: 

MCMC We all have already started initiatives Now it time to found the co-operatives MENA CSP Market Co-operative Just do it!

International Co-operatives: 

International Co-operatives The Main Characteristics of the co-operatives A. A co-operatives might be created: From scratch ('ex novo'), by five or more natural persons, by two or more legal entities or by a combination of five or more natural persons and legal entities; By a merger of two or more existing co-operatives. By conversion of an existing co-operative which has, for at least two years, had an establishment or subsidiary in another Member State In the first two cases at least two of the natural persons or legal entities should be from different Member States. B. The minimum capital requirement is Euro 50,000. An SCE has a variable share capital and may have among its members not only customers or suppliers but, in some circumstances, a limited proportion of "investor members" who do not use the services of the co-operative. The voting rights of such investor members are limited.

International Co-operatives: 

International Co-operatives C. An co-operatives must be registered in the Member State where it has its head office. It may move its registered office from one Member State to another without having to wind-up and re-register. D. For tax purposes a co-operatives is treated as any other multi-national company according to the national fiscal legislation applicable at company or branch level. It will continue to pay taxes in those Member States where it has a permanent establishment. E. Voting in an co-operatives is generally conducted in accordance with the co-operative principle of "one member - one vote". However, weighted voting may be allowed in certain circumstances to reflect the amount of business done with the co-operatives .

International Co-operatives: 

International Co-operatives F. An co-operatives must call a general meeting at least once per year. Decisions are taken by simple majority of those members present or represented, except for changes to the internal statutes where a 2/3 majority is required. For changes to the statutes a quorum of all members is required. G. The internal statutes of the co-operatives must set out its management structure according to one of two possibilities: Two-tier structure (management body and supervisory body) and One-tier structure (administrative body). EUROPEAN CO-OPERATIVE SOCIETY (SCE) http://www.europa.eu.int/comm/enterprise/entrepreneurship/coop/statutes/statutes-coop.htm