In the Mediterranean region, the Social Economy (SE) represents more than 900 000 organisations, 100 million of individuals associated and 8 million employments. In the last years, its role has become even more important as partnering with public and private agents, the Social Economy enterprises and organisations offer responses to many relevant regional challenges such as youth unemployment, social innovation and rural and local development.
Through this agreement, ASCAME and Euro-Mediterranean Network of Social Economy (ESMED) express their will to collaborate to further encourage the involvement of the Mediterranean private sector and economic actors in this Economy representing the great potential for development.