Banks For The People

A dollar sign forms one of the columns of a stately building

From Piper French / Noema: Public banks are owned and run by governments, and because they store money for the state instead of individuals, they can invest back into the communities they serve instead of extracting from them in the chase for profits.

Click here to read the full story on Noema.

More Resources:

From MaryLou Costa / Reasons to Be Cheerful: Fund a Mom gives 40 single mothers in Jaipur, India, $60 a month with no strings attached. The guaranteed income program helps them cover necessary expenses giving them the breathing room to...

From Nate Berg / ENSIA: North Carolina’s Roanoke Electric Cooperative is helping members bring down energy costs. Because the energy costs in this area is due to a lack of energy efficiency, the cooperative offers tariffed on-billing to help homes...

From Isabella Breda / Yes! Magazine: Despite a nationwide months-long coronavirus lockdown in Norway, the economy was able to remain stable due to a “decades-long effort to create an equitable economy” that helped the government to enact a package that...

Sean is the Chief Executive Officer of the Mountain Hazelnut Venture Private Limited in Bhutan. With innovative financing, Mountain Hazelnuts partners and innovates with smallholder farming households and community groups throughout Bhutan to generate long-term income, revitalize vulnerable communities, and...

Eli Moore is Director of the Community Power and Policy Partnerships Program (formerly the California Community Partnerships Program) at the Othering & Belonging Institute. Over the last twenty years, Eli has facilitated numerous participatory action research processes and published various...

From Gulf Today: Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, is among the first corporations in the region to open sustainable corporate bank accounts, which ensure cash balances are used to finance or...

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