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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 Economic Development Training Module

Available in English

In order for Local Economic Development (LED) to be effective, we need to identify and consider the community’s economic strengths, weaknesses, opportunities and threats, and agree a shared strategy....

Developed by United Cities and Local Governments ASPA...

Posted by UCLG ASPAC

Tools : Capacity Strengthening

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

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