Complementing our work on monetary and financial reforms we are also the UK's leading institute in theory and practice of complementary currencies. These community-led, bottom-up exchange systems stimulate more vibrant, equitable and sustainable economies locally. We researched and worked with LETS, timebanking, the Brixton and Bristol Pounds and support innovation and implementations of currency initiatives in the EU-Interreg project Community Currencies in Action.

Key Facts

Featured Work

Blog post // November 5, 2013

Why Europe needs community currencies

nef is a co-founder of the transnational Community Currencies in Action project More

Publication // February 27, 2013

Energising Money

The world is facing an ecological crisis. Our economic system fails to properly account for the natural resources on which human prosperity depends. But attempts to remedy the problem, for example through environmental taxation, fail to address an elephant lurking in the room: the monetary system. Energy-related money offers a means to improve the qualities of the monetary system, while also stimulating the low-carbon energy transition we urgently need.

More

Publication // December 1, 2002

The Money Trail

LM3 has been tried and tested across the UK, from agriculture to social enterprise to local government procurement, to determine how money coming into your community is then spent and re-spent. The Money Trail shows you how to use LM3 to find out what’s really happening in your local economy, and how you can make it better. You can find supplementary materials and downloads on nef‘s Plugging the Leaks website www.pluggingtheleaks.org.

More

Publication // November 29, 2002

Plugging the Leaks

This handbook is a guide to a new approach to revitalising local econonomies. It can be used as a basic introduction to economics, as well as the starting point for a new involvement with your local area.

Since there is no such thing as a ‘standard’ community, this handbook has been written in a way to be applicable to almost any location. We’ve also tried to make it appropriate to a very wide range of community organisations, including public sector bodies, voluntary organisations, business networks, regeneration bodies, religious groups and so on.

More