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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

TERRINCLUS - Methodological guide for international cooperation in the field of sustainable and inclusive local development

Available in English

Convinced of the importance of developing quality cooperation projects in the field of sustainable and inclusive local development, the Assembly of French Departments conducted an action-research appr...

Developed by Assemblée des Départements de France

Posted by Simon Letonturier

Guidance and systemization of experiences

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

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