Using a complementary local currency

Why use a local currency? Local currencies, carried within a territory by citizen collectives, aim to bring together a network of local players who wish to favour sustainable local consumption and production. They prioritise local purchases by consumers and professionals from their suppliers, reducing their environmental impact and strengthening cohesion within the territory. Several local authorities in France, such as Grand Avignon and Grand Besançon, have also invested in these currencies. The aim? To support the local economy and soften the social effects at local level. In April 2021, the Mouvement SOL carried out a Study on the social utility of complementary local currencies, developed along five cross-cutting axes: Citizen power, Solidarity, Ecology, Economy and Territorial dynamics. In the survey carried out among several MLC, the ecological impact of local currencies was highlighted, for example: - 48 % of individual members say they consume more local products since joining - 69 % of respondents say that using the MLC has helped them better understand the links between economic, ecological, social and democratic issues - 64 % of professionals say they have taken greater account of their business partners’ environmental practices - 84 % of professional respondents say that, since joining the local currency, they have adapted their working methods to reduce their environmental impact - 23 % say they have increased the proportion of their business partners located less than 150 km from them Is there a local currency in my area? Map and list of all local currencies in France: https://sol-monnaies-locales.org/mlcc

Sector:

France