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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

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Available in English

“Panorama and tools for financing urban development in Latin America” is a publication made within the framework of the world program Resolutions to Fund Cities, an initiative that addresses the issue...

Developed by Global Fund for Cities Development (FMDV...

Posted by UNDP

Guidance and systemization of experiences

Agenda Knowledge for Development. Strengthening Agenda 2030 and the Sustainable Development Goals

Available in English

This Agenda for Knowledge Development is designed to complement the SDGs by providing an integrated approach to knowledge-related challenges that directly influence the achievement of the SDGs. It pre...

Developed by Strengthening Agenda 2030 and the Sustai...

Posted by UNDP

Concept notes and papers

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