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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

Good practice guidance on delegation of local public services: capitalizing on experience of local development houses

Available in English

This document is the result of a series of experiments conducted at the MDL on partnerships between players in the private sectors and local officials in the management of market infrastructure create...

Developed by United Nations Capital Development Fund...

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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