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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: Livability in Future Cities

Available in English

Cities are becoming the predominant living and working environment of humanity, and for this reason, livability or quality of life in the city has become crucial. This urban planning course focuses...

Developed by ETH Zurich

Posted by Local2030

Tools : Capacity Strengthening

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...

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Posted by Fabienne Perucca

Concept notes and papers

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