The Totnes pound is a complementary local currency,[1] intended to support the local economy of Totnes, a town in Devon, England.
The initiative is part of the Transition Towns concept, of which Totnes is a pioneer.
According to the Transition Town Totnes website this means that it is „a community in a process of imagining and creating a future that addresses the twin challenges of diminishing oil and gas supplies and climate change, and creates the kind of community that we would all want to be part of“.[2]
A Totnes Pound is equal to one pound sterling and is backed by sterling held in a bank account.
The Totnes Pound was re-launched in June 2014 in denominations of t£1, t£5, t£10 and t£21. The final designs feature the author Mary Wesley, ‚father of the computer‘ Charles Babbage, musician Ben Howard and the social activist and philanthropist Dorothy Elmhirst.[4]
As of July 2014, more than 120 businesses in Totnes were accepting the Totnes Pound,[5] and more than £12,000 worth of the currency had been issued.[6]
https://en.wikipedia.org/wiki/Totnes_pound
TTT
Dartington Room, First Floor
The Mansion, 36A Fore Street
Totnes Devon TQ9 5RP
United Kingdom
Links:
Rob Hopkins Totness England UK Great Britain – Voices in Transition