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Community Currencies as means of Local Economic Empowerment

Case studies and best practices

Community currencies have emerged as a tool for building more inclusive local economic development and governance. Grassroots organisations in Nairobi and Mombasa (Kenya) have been experimenting with this form of local monies. Communities in informal settlements in Kisumu have shown interest in introducing their own community currency. Challenges remain concerning the best diffusion strategy of such grassroots monetary innovations among communities and local governments. This policy brief focuses on how to involve residents, civil society, small entrepreneurs as well as local government officers and politicians so as to increase local representation and participation in this grassroots innovation.

Related Publications

Guide to Research and Innovation Strategies for Smart Specialisations (RIS 3)

Available in English

The document provides general orientation on how to prepare for and how to design, draft and implement a national/regional research and innovation strategy for smart specialisation (RIS3).

Developed by European Commission (EC)

Posted by Local2030

Guidance and systemization of experiences

The Whole of Society Approach: Levels of engagement and meaningful participation of different stakeholders in the review process of the 2030 Agenda

Available in English

A multi-stakeholder approach where actors participate in a meaningful way is needed to achieve effective implementation, review and follow-up of the 2030 Agenda. Experiences from the first Voluntary...

Developed by GIZ, German Federal Ministry for Economi...

Posted by Local2030

Concept notes and papers

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