ICFO is a sectoral organisation of the International Co-operative Alliance. It was established to promote the development of fisheries co-operatives around the world, to promote trade, to share co-operative training and education materials as well as information on fishery matters. ICFO was previously known as the ICA Fisheries Committee.
ICFO is governed by its members according to its Rules. It holds an annual Executive and Plenary meetings. Members elect a Chairman,
Vice-Chairs and other Board members at a Plenary meeting.