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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: Sustainable Urban Development

Available in English

This MOOC is all about the integration of different fields of knowledge within the metropolitan context. The course is set up in a unique matrix format that lets you pursue your line of interest along...

Developed by TU Delft, Wageningen University

Posted by UNDP

Tools : Capacity Strengthening

Promoting Local Economic Development through Strategic Planning: Local Economic Development (LED) series Volume 5 – Trainer’s Guide

Available in English

The Local Economic Development (LED) series is a resource for local governments, businesses and civil society organizations to help them initiate and implement local economic development interventions...

Developed by United Nations Human Settlements Program...

Posted by UNDP

Guidance and systemization of experiences

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