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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

NAMA on Circular Economy Solid Waste Management Approach for Urban Areas in Kenya

Available in English

The Ministry of Environment and Natural Resources of Kenya and UNDP Low Emission Capacity Building (LECB) Programme have issued the Nationally Appropriate Mitigation Action (NAMA) on Circular Economy...

Developed by The Ministry of Environment and Natural...

Posted by Local2030

Guidance and systemization of experiences

Localizing climate finance: mapping gaps and opportunities, designing solutions

Available in English

In order to develop a common language on subnational climate finance and sustainable projects, this report briefly identified the relevant issues (carbon taxes and incentives, carbon markets, green bo...

Developed by Cities Climate Finance Leadership Allian...

Posted by Fabienne Perucca

Guidance and systemization of experiences

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