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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

Online Course: Cities and the Challenge of Sustainable Development

Available in English

Cities are a core component of the UN’s 2030 Agenda on Sustainable Development. This mini-series is a companion piece to the SDG Academy's full-length Sustainable Cities course and also serves as a br...

Developed by The SDG Academy

Posted by UNDP

Tools : Capacity Strengthening

Assessing the Institutional Environment of Local Governments in Africa

Available in English

Africa’s cities are growing at an unprecedented rate, over 3% per year on average. The continent’s urban population is expected to double over the next 20 to 30 years, with the majority of Africans li...

Developed by UCLG Africa and Cities Alliance

Posted by Peter Rene Hohmann

Tools : Diagnostics

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