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Sub-Committee on Circular Economies: Alternative Currency Plan

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The COVID-19 pandemic caused an economic recession and resulted in a decline of participation in the local currency, Verdes. The goal was to facilitate a co-design process for relaunching Verdes by researching successful and unsuccessful local currencies from around the world, gathering information on initiatives, approaches, successes, failures, and co-design processes. Based on the findings, we recommended that the Verdes administration contact founders of other successful local currencies, improve website accessibility, advertise and educate the community on Verdes, and shift the local currency type to increase participation and ensure the success of the program in Monteverde. These have been combined and tailored to recommend a co-design process for the Verdes management

  • This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.
Creator
Subject
Publisher
Identifier
  • 90911
  • E-project-030323-125258
Keyword
Advisor
Year
  • 2023
Center
UN Sustainable Development Goals
Date created
  • 2023-03-03
Resource type
Source
  • E-project-030323-125258
Rights statement
License
Last modified
  • 2023-05-03

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