The SOL: A Complementary Currency for the Social Economy and Sustainable Development

This paper reviews experience with The SOL, a very innovative and interesting complementary currency scheme which has been tested in France since 2007. It aims to contribute to the development of the social and solidarity economy, and contribute towards sustainable development. The SOL is the result of an informal working group who in 1998 examined the different models of existing complementary currencies schemes in the world. It aims to both introduce a new concept of wealth not exclusively based on money and to foster the social economy or third sector. Three different types of SOL are described: Co-operation SOL, Commitment SOL, and Dedicated SOL, and the paper reflects on the currency’s strengths and weaknesses, and developmental issues for the future.

Marie Fare Volume 15(2011) Special Issue D57-60

IJCCR 2011 Special Issue 11 Fare

To cite this article: Fare, M. (2011) ‘The SOL: A Complementary Currency for the Social Economy and Sustainable Development’ International Journal of Community Currency Research 15 (D) 57-60 <www.ijccr.net> ISSN  1325-9547 http://dx.doi.org/10.15133/j.ijccr.2011.022

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