Community Wealth Building

Community wealth building is aimed at improving the ability of communities and individuals to increase asset ownership, anchor jobs locally, expand the provision of public services, and ensure local economic stability.

The Scottish Government states it has adopted this approach to economic development as a key practical means by which Scotland can achieve a wellbeing economy. (A wellbeing economy is one in which the economy is measured by looking at the quality of people's lives.)

Find out more:

• For a community development perspective on community wealth building, read about Scottish Community Development Centre’s response to the Scottish Government’s community wealth building consultation.

• Information on The Community Wealth Building (CWB) Bill Steering Group set up by the Scottish Government to support the delivery of the 2021 Programme for Government commitment to introduce primary legislation on CWB during this parliamentary session.

• The Scottish Government’s page on community wealth building, which gives more introductory information on the approach, as well as a run through of how the approach has been used in different parts of Scotland.

• CLES, the national organisation for local economies provides information on the approach

• Community-Wealth.org, a project of US-based organisation, The Democracy Collaborative.

• For more information on what a wellbeing economy is, visit the New Economic Foundation’s website.