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New Economics Foundation 
Community Currencies in Action
means 
not 
an 
end 
What are community currencies?
What 
do they 
do?
Theory of Change: product
Measuring impact under 4 themes 
1. Higher quality public services: co-production 
2. Supporting the SME Economy 
3. Social inclusion and improving individual 
wellbeing 
4. Changing environmental behaviour and 
valuation
Social inclusion and 
improving individual 
wellbeing 
I accompany the elderly to the doctor 
or to the supermarket. In that way 
they feel more safe in the street 
Not only do I get Makkies but I get 
appreciation Jenny Elmont, East Amsterdam
I never thought I would be able to 
do anything else because of my 
dyslexia. 
It has helped me to gain 
confidence in myself and improve 
the way I now live my life…. 
Cheryl, Community Mothers, 
Cardiff. 
Higher quality public 
services: co-production
Changing environmental 
behaviour and valuation 
You can’t bank a Brixton Pound, you can’t 
spend it at Sainsbury’s, and you can’t 
spend it in Islington. 
There’s only one thing you can do: spend it 
in Brixton’s independent businesses
Supporting the SME 
Economy 
I don’t like to waste. We have a number of 
cleaners on contract and during low season 
they have less work to do. 
I can therefore offer cleaning services, to gain 
credit which I can spend on something I need 
for the business. 
Manouschka, 
Director of CarCleaners.NL
www.ccia.eu/toc-toolkit/

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Nef Practice Exchange Presentation

  • 1. New Economics Foundation Community Currencies in Action
  • 2. means not an end What are community currencies?
  • 5. Measuring impact under 4 themes 1. Higher quality public services: co-production 2. Supporting the SME Economy 3. Social inclusion and improving individual wellbeing 4. Changing environmental behaviour and valuation
  • 6. Social inclusion and improving individual wellbeing I accompany the elderly to the doctor or to the supermarket. In that way they feel more safe in the street Not only do I get Makkies but I get appreciation Jenny Elmont, East Amsterdam
  • 7. I never thought I would be able to do anything else because of my dyslexia. It has helped me to gain confidence in myself and improve the way I now live my life…. Cheryl, Community Mothers, Cardiff. Higher quality public services: co-production
  • 8. Changing environmental behaviour and valuation You can’t bank a Brixton Pound, you can’t spend it at Sainsbury’s, and you can’t spend it in Islington. There’s only one thing you can do: spend it in Brixton’s independent businesses
  • 9. Supporting the SME Economy I don’t like to waste. We have a number of cleaners on contract and during low season they have less work to do. I can therefore offer cleaning services, to gain credit which I can spend on something I need for the business. Manouschka, Director of CarCleaners.NL

Editor's Notes

  1. CCs make the point explicit that money is a tool What is money? Relationship Not neutral
  2. Cheryl Hughes first became involved with the Ely Time Credits project by taking part in local community cleanup activities, where she got her whole family involved to earn for an upcoming trip. Taking part in these activities helped Cheryl grow in confidence, build new relationships and get to know new people locally. As a result she then expressed an interest in forming a new community group aimed at local mothers. Her group, 'Community Mothers', is now fully constituted and has received its first funding. “[Time Credits] have opened my eyes to more than looking after my children, of course which I love doing.
  3. B2B Currencies: trade exchanges connects underused assets and business capacity with unmet needs Most businesses do not operate at 100% of their potential business capacity. Focussing on different operational aspects of running a small to medium sized enterprise, there are a range of CCs designed to help businesses improve productivity and become more resilient to externalities that might affect their prosperity. What I’m looking for on the marketplace is a company or freelancer to help me develop a new website.
  4. ToC approach chosen as a starting point because of its applicability to projects of any scale and budget