Evaluating grassroots complementary currency initiatives

This section reviews experience with three distinct types of complementary currency, each designed for a different purpose. It considers their characteristics and potential in terms of the five indicators of sustainable consumption defined in Chapter 3, namely localisation, reducing ecological footprints, community-building, collective action, and building new infrastructures of provision. The three complementary currencies discussed are: Local Exchange Trading Schemes (LETS) which aims to rebuild local economies; Time Banks which promote civic engagement and mutual self-help; and NU-Spaarpas, a 'green savings' currency which incentivises environmental lifestyle changes and sustainable consumption. Findings are summarised in Table 7.1.

Getting Started With Solar

Getting Started With Solar

Do we really want the one thing that gives us its resources unconditionally to suffer even more than it is suffering now? Nature, is a part of our being from the earliest human days. We respect Nature and it gives us its bounty, but in the recent past greedy money hungry corporations have made us all so destructive, so wasteful.

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