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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

Local Governments in Eastern Africa. An analytical Study of Decentralization, Financing, Service Delivery and Capacities

Available in English

This study documents the region’s efforts towards decentralized governance and local development in six countries, that is: Burundi, Kenya, Rwanda, Tanzania, Uganda and Union of the Comoros. The Study...

Developed by United Nations Development Programme (UN...

Posted by Local2030

Concept notes and papers

Local Finance Initiative - Global Report - January December 2016

Available in English

The economies and populations of many of the world’s 48 Least Developed Countries (LDCs) are growing and some LDCs expect to graduate to middle income country status during the next ten years. Econo...

Developed by United Nations Capital Development Fund...

Posted by Fabienne Perucca

Case studies and best practices

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