IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i23p15528-d980664.html
   My bibliography  Save this article

Creating Monetary Collaborative Spaces for Social and Ecological Transformation

Author

Listed:
  • Christian Gelleri

    (Faculty of Law, University of Würzburg, 97070 Würzburg, Germany)

Abstract

Complementary currencies have spread to many places around the world at the beginning of the 21st century. Creating sustainable economic cycles and short transport routes are often the goals of introducing them. Due to their manageability, regional currencies can be embedded in debates of regional economics and sustainability. Above all, they are suitable for democratic experiments that can show in real environments whether currency designs work as examples of collaborative communities and research. One of these monetary experiments is the climate bonus, which is linked to the local currency Chiemgauer. The research path goes into the daily routine of a real laboratory to find out which methods would be effective enough to deliver carbon savings. The climate bonus creates a monetary network where people can try out new behaviors in a protected space. As a result, three years after the initiation of the project, carbon reductions are above expectations.

Suggested Citation

  • Christian Gelleri, 2022. "Creating Monetary Collaborative Spaces for Social and Ecological Transformation," Sustainability, MDPI, vol. 14(23), pages 1-20, November.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:23:p:15528-:d:980664
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/23/15528/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/23/15528/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Camille Meyer & Marek Hudon, 2019. "Money and the Commons: An Investigation of Complementary Currencies and Their Ethical Implications," Journal of Business Ethics, Springer, vol. 160(1), pages 277-292, November.
    2. Sergio Luis Náñez Alonso & Javier Jorge-Vazquez & Ricardo Francisco Reier Forradellas, 2020. "Detection of Financial Inclusion Vulnerable Rural Areas through an Access to Cash Index: Solutions Based on the Pharmacy Network and a CBDC. Evidence Based on Ávila (Spain)," Sustainability, MDPI, vol. 12(18), pages 1-33, September.
    3. Atsushi Watabe & Simon Gilby, 2020. "To See a World in a Grain of Sand—The Transformative Potential of Small Community Actions," Sustainability, MDPI, vol. 12(18), pages 1-19, September.
    4. Pietro Tiberi, 2021. "The carbon footprint of the Target Instant Payment Settlement (TIPS) system: a comparative analysis with Bitcoin and other infrastructures," Mercati, infrastrutture, sistemi di pagamento (Markets, Infrastructures, Payment Systems) 5, Bank of Italy, Directorate General for Markets and Payment System.
    5. Seyfang, Gill & Longhurst, Noel, 2013. "Growing green money? Mapping community currencies for sustainable development," Ecological Economics, Elsevier, vol. 86(C), pages 65-77.
    6. Florentina Magda Enescu & Nicu Bizon & Adrian Onu & Maria Simona Răboacă & Phatiphat Thounthong & Alin Gheorghita Mazare & Gheorghe Șerban, 2020. "Implementing Blockchain Technology in Irrigation Systems That Integrate Photovoltaic Energy Generation Systems," Sustainability, MDPI, vol. 12(4), pages 1-30, February.
    7. Stodder, James, 2009. "Complementary credit networks and macroeconomic stability: Switzerland's Wirtschaftsring," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 79-95, October.
    8. Camille Meyer & Marek Hudon, 2017. "Alternative organizations in finance: Commoning in complementary currencies," ULB Institutional Repository 2013/259111, ULB -- Universite Libre de Bruxelles.
    9. Maria Milousi & Manolis Souliotis & George Arampatzis & Spiros Papaefthimiou, 2019. "Evaluating the Environmental Performance of Solar Energy Systems Through a Combined Life Cycle Assessment and Cost Analysis," Sustainability, MDPI, vol. 11(9), pages 1-23, May.
    10. Andreas Froemelt & Manuela Mauchle & Bernhard Steubing & Stefanie Hellweg, 2018. "Greenhouse Gas Emissions Quantification and Reduction Efforts in a Rural Municipality," Journal of Industrial Ecology, Yale University, vol. 22(1), pages 92-105, February.
    11. Michael Lettenmeier & Tuuli Hirvilammi & Senja Laakso & Satu Lähteenoja & Kristiina Aalto, 2012. "Material Footprint of Low-Income Households in Finland—Consequences for the Sustainability Debate," Sustainability, MDPI, vol. 4(7), pages 1-22, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Reyns, Ariane, 2024. "What drives businesses to transact with complementary currencies?," Ecological Economics, Elsevier, vol. 220(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Louis Larue, 2022. "The case against alternative currencies," Politics, Philosophy & Economics, , vol. 21(1), pages 75-93, February.
    2. Larue, Louis & Meyer, Camille & Hudon, Marek & Sandberg, Joakim, 2022. "The Ethics of Alternative Currencies," Business Ethics Quarterly, Cambridge University Press, vol. 32(2), pages 299-321, April.
    3. Ana Cristina O. Siqueira & Benson Honig & Sandra Mariano & Joysi Moraes, 2020. "A Commons Strategy for Promoting Entrepreneurship and Social Capital: Implications for Community Currencies, Cryptocurrencies, and Value Exchange," Journal of Business Ethics, Springer, vol. 166(4), pages 711-726, November.
    4. Alexandra Lenis Escobar & Ramón Rueda López & Jorge E. García Guerrero & Enrique Salinas Cuadrado, 2020. "Design of Strategies for the Implementation and Management of a Complementary Monetary System Using the SWOT-AHP Methodology," Sustainability, MDPI, vol. 12(17), pages 1-23, August.
    5. Camille Meyer & Marek Hudon, 2019. "Money and the Commons: An Investigation of Complementary Currencies and Their Ethical Implications," Journal of Business Ethics, Springer, vol. 160(1), pages 277-292, November.
    6. Reyns, Ariane, 2024. "What drives businesses to transact with complementary currencies?," Ecological Economics, Elsevier, vol. 220(C).
    7. Francisco Javier García-Corral & Jaime de Pablo-Valenciano & Juan Milán-García & José Antonio Cordero-García, 2020. "Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles," Sustainability, MDPI, vol. 12(14), pages 1-22, July.
    8. Jean-Baptiste Desquilbet & Etienne Farvaque, 2022. "'As one dies, so dies the other' ? On local complementary currencies as two-sided platforms," Working Papers halshs-03518592, HAL.
    9. Emmanouela Mandalaki & Marianna Fotaki, 2020. "The Bodies of the Commons: Towards a Relational Embodied Ethics of the Commons," Journal of Business Ethics, Springer, vol. 166(4), pages 745-760, November.
    10. Michel, Arnaud & Hudon, Marek, 2015. "Community currencies and sustainable development: A systematic review," Ecological Economics, Elsevier, vol. 116(C), pages 160-171.
    11. Rodrigo de Oliveira Leite & Layla dos Santos Mendes & Roberto Tommasetti & Vinicius Mothe Maia & Rodrigo Soto Larrain, 2022. "The Role of Motivated Financial Institutions on Community Currencies Loans," IJFS, MDPI, vol. 10(4), pages 1-10, October.
    12. Nadia von Jacobi & Enrica Chiappero‐Martinetti & Lara Maestripieri & Toa Giroletti, 2024. "Creating social value by empowering people: a social innovation perspective," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 95(2), pages 413-439, June.
    13. Mercè Roca & Marta Segura & Jordi Puig & Susana Martín Belmonte, 2024. "The local multiplier of income support paid in a complementary currency: Comparative evaluation in the city of Barcelona," Urban Studies, Urban Studies Journal Limited, vol. 61(1), pages 95-111, January.
    14. Mladen Rajko & Ivica Zdriliæ & Danijel Jukiæ, 2018. "The Possibility of Using Alternative Currencies in Function of Development of the City of Zadar," MIC 2018: Managing Global Diversities; Proceedings of the Joint International Conference, Bled, Slovenia, 30 May–2 June 2018,, University of Primorska Press.
    15. Larue, Louis, 2020. "The Ecology of Money: A Critical Assessment," Ecological Economics, Elsevier, vol. 178(C).
    16. Sarah Zeller, 2020. "Economic Advantages of Community Currencies," JRFM, MDPI, vol. 13(11), pages 1-11, November.
    17. Bruno Nogueira Silva & Wesley Vieira Silva & Alvaro Fabiano Pereira Macêdo & Natallya Almeida Levino & Luciano Luiz Dalazen & Fabíola Kaczam & Claudimar Pereira Veiga, 2024. "A systematic review on social currency: a one-decade perspective," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 29(2), pages 636-652, June.
    18. repec:sol:wpaper:2013/353812 is not listed on IDEAS
    19. Laura Albareda & Alejo Jose G. Sison, 2020. "Commons Organizing: Embedding Common Good and Institutions for Collective Action. Insights from Ethics and Economics," Journal of Business Ethics, Springer, vol. 166(4), pages 727-743, November.
    20. Matti, Josh & Zhou, Yang, 2022. "Money is money: The economic impact of BerkShares," Ecological Economics, Elsevier, vol. 192(C).
    21. Alexandra Lenis Escobar & Ramón Rueda López & Miguel Ángel Solano-Sánchez & María de los Baños García-Moreno García, 2020. "The Role of Complementary Monetary System as an Instrument to Innovate the Local Financial System," JOItmC, MDPI, vol. 6(4), pages 1-19, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:23:p:15528-:d:980664. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.