Rentevrij krediet voor de transitie naar duurzame lokale welvaart: Een pilot binnen het coöperatief betaalnetwerk Amsterdam

This project, titled Rentevrij krediet voor de transitie naar duurzame lokale welvaart, is an award notice issued by the Klimaatonderzoek Initiatief Nederland under the Nederlandse Organisatie voor Wetenschappelijk Onderzoek. The initiative establishes an interest-free pilot program within a cooperative payment network in Amsterdam Nieuw-West to promote sustainable local prosperity. By utilizing a local currency integrated with behavioral nudges, such as a solidarity fee and a time-counter, the project aims to decouple economic prosperity from resource consumption and build resilience against financial crises. The primary objective is to use the outcomes of this experiment to create a reproducible framework for local circular money and interest-free credit that can be scaled globally. Additionally, the project seeks to provide microfinance institutions with a growth-independent financial system designed to amplify the positive impact of their activities. This strategic approach focuses on catalyzing circular development and establishing a mechanism to cover credit risks through collected funds.