INSPIRATION CASE 1: COMMUNITY TIME BANKING INITIATIVE General Information Community Time Banking Initiatives like our inspiring example of ‘Camden Shares’ are one form of co-production mechanisms. Time Banking provides services and outcomes with users, not for users. It turns consumers into producers, demand into supply, problems into solutions. By linking organisations, groups, individuals and businesses together to share, trade and exchange resource, capacity and ideas; their members ‘offer up’ resource and capacity to the network in a time economy and receive back what they need whenever they need it.
Inspiration & Parametres for change a) community binding
Time banking and co-producing systems bring both local entrepreneurs and organisations together to promote volunteering, exchange knowledge and experience to build a strong network of volunteers. Similar results are being achieved on the private community level: trading in time brings the community together, circulates relationships and utilises skills and knowledge of community members effectively.
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b) sharing resources & economic benefit
In a time banking system, participating members of the community are coming together to trade and share their resources, benefiting both the individual as well as organisations. Everyone has something to offer and in respect of that they should have something back. So even those who otherwise could not afford advanced goods and services, can benefit from the co-production and time banking system.
Information and pictures sourced from: http://www.camdenshares.org.uk and http://www.hcct.org.uk