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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

Localizing development : does participation work?

Available in English

Promoting participation through community development projects and local decentralization has become a central tenet of development policy. The World Bank alone has invested about $85 billion over the...

Developed by World Bank

Posted by Fabienne Perucca

Concept notes and papers

Local Development and Decent Work Resource Kit

Available in English

This resource kit aims to provide tools on how to promote LED through an integrated Decent Work approach. It is for local planners and practitioners. The Local Development and Decent Work (LDDW) Resou...

Developed by International Labour Organization (ILO)

Posted by Local2030

Guidance and systemization of experiences

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