Aaron Fernando

In the United States, the city of Portland, Oregon offers some leadership in terms of what this might look like in action. The city boasts a lively network of partnerships between nonprofits, businesses, civilians, and different bureaus and layers of government.

The Wiyot Tribe and Cooperation Humboldt are working together to form a type of Community Land Trust (CLT), Dishgamu Humboldt, the first of its kind, to structurally ensure that the Wiyot tribe will maintain decision-making power in this land trust, forever.

On July 3, the Co-operative Party in the U.K. launched a report at parliament outlining a strategy to double the size of the U.K.’s cooperative sector by 2030. The report, written by the think tank New Economics Foundation (NEF), was commissioned by the Co-operative Party and comprises a vision of the party’s goals.

When we find ourselves in a world fully immersed in blockchain, we will find that it is a permanently transformed one — one where cooperatives, schools, and neighborhood groups have many of the same technological advantages as governments and multinational corporations.

Affordable housing-related CLTs are probably best-known, but this model can be applied for any community goal, including lowering costs for small businesses and ensuring local food production. Though the CLT model has been re-emerging since the late 1960s, it is actually somewhat of a return to indigenous practices around ownership of land and resources.

The staff at the nonprofit organization HullCoin has done something very unusual in the city of Hull in northeast United Kingdom. They’ve launched their own local cryptocurrency — programmed on top of Bitcoin to be issued by nonprofits and social institutions — as a way of combating financial exclusion and other problems that are at the root of poverty. Residents of Hull can earn HullCoins, which can be used at various places around the city. It’s an innovative model. But how exactly does it work?