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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

The Coordinating Council for Productive Development (COSDEPRO): An example of Local Governance and Multilevel Coordination in Bolivia

Available in English

This document may know firsthand the main lessons learned from the process of joint work between the Ministry of Productive Development and UNDP-ART Bolivia, where we collect the consolidation of an i...

Developed by United Nations Development Programme (UN...

Posted by Local2030

Guidance and systemization of experiences

Local Economic Development - For use of African local elected

Available in English

This methodological guide is published by the French Development Agency in collaboration with the Local Economic Development Network Africa (LEDNA) related to Cities and Local Governments of Africa (U...

Developed by Assemblée des départements de France (AD...

Posted by Local2030

Tools : Territorial / Multi-Stakeholder Approach

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