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Local Currency

In 2003 a Steiner school teacher and 6 teenage girls made a local currency in Chiemgauer, Germany as an educational project. Until 2012 the currency had ear-marked 900.920 Euro to be spent in the local participating shops and 3% of that amount benefitted local NGO's.

This project is a challenge to design and implement a similar concept in Aurland. The currency will partly serve to ensure that more money are spent locally, that the money 'rotate' for a longer time locally, it creates publicity of the area and potentially the currency can be backed by organic products grown at HSJ, ensuring increased local consumers to HSJ.

Furthermore the currency can be used to encourage locals to purchase services from students, as they initiate a series of enterprises, from Garden Share, to farm and garden design. The students can in turn pay for their dormitories with the local currency.

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