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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

Achieving the Sustainable Development Goals through Social and Solidarity Economy: Incremental versus Transformative Change

Available in English

In a context where an increasing number of governments are promoting policies that aim to support organizations and enterprises that make up the social and solidarity economy (SSE), this paper assesse...

Developed by UN Inter-Agency Task Force on Social and...

Posted by Local2030

Concept notes and papers

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...

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Guidance and systemization of experiences

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