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Bristol Pound
The Bristol pound (£B) was a form of local, complementary, and/or community currency launched in Bristol, UK on 19 September 2012. Its objective is to encourage people to spend their money with local, independent businesses in Bristol, and for those businesses to in turn localise their own supply chains. At the point of the close of the digital scheme in August 2020, it was the largest alternative in the UK to official sterling currency, and is backed by sterling. The digital currency ceased operating in August 2020 and Bristol pound accounts have reverted to sterling accounts at the Bristol Credit Union. The Bristol Pound CIC is now in the process of developing Bristol Pay, which seeks to both offer an e-money peer to peer payment platform that can generate income for charitable projects in the city, and to create a range of token systems to encourage a culture change in how people think about economic value in relation to social capital and environmental capital. The fina ...
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Bristol Pound
The Bristol pound (£B) was a form of local, complementary, and/or community currency launched in Bristol, UK on 19 September 2012. Its objective is to encourage people to spend their money with local, independent businesses in Bristol, and for those businesses to in turn localise their own supply chains. At the point of the close of the digital scheme in August 2020, it was the largest alternative in the UK to official sterling currency, and is backed by sterling. The digital currency ceased operating in August 2020 and Bristol pound accounts have reverted to sterling accounts at the Bristol Credit Union. The Bristol Pound CIC is now in the process of developing Bristol Pay, which seeks to both offer an e-money peer to peer payment platform that can generate income for charitable projects in the city, and to create a range of token systems to encourage a culture change in how people think about economic value in relation to social capital and environmental capital. The fina ...
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New Economics Foundation
The New Economics Foundation (NEF) is a British think-tank that promotes "social, economic and environmental justice". NEF was founded in 1986 by the leaders of The Other Economic Summit (TOES) with the aim of working for a "new model of wealth creation, based on equality, diversity and economic stability". The foundation has 50 staff in London and is active at a range of different levels. Its programmes include work on well-being, its own kinds of measurement and evaluation, sustainable local regeneration, its own forms of finance and business models, sustainable public services, and the economics of climate change. Work The Foundation works in the areas of community development, democracy, and economics. The foundation's work on sustainability indicators, which measures aspects of life and environment, indicated the connection between economic growth and sustainability. From 1995 to 2000, the Foundation made social audits of companies to measure and evaluate a company's s ...
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PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500 of the largest United States corporations by revenue. History Early history PayPal was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Confinity, a company that developed security software for hand-held de ...
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Short Message Service
Short Message/Messaging Service, commonly abbreviated as SMS, is a text messaging service component of most telephone, Internet and mobile device systems. It uses standardized communication protocols that let mobile devices exchange short text messages. An intermediary service can facilitate a text-to-voice conversion to be sent to landlines. SMS technology originated from radio telegraphy in radio memo pagers that used standardized phone protocols. These were defined in 1986 as part of the Global System for Mobile Communications (GSM) series of standards.GSM Doc 28/85 "Services and Facilities to be provided in the GSM System" rev2, June 1985 The first SMS message was sent on 3 December 1992, when Neil Papworth, a test engineer for Sema Group, sent "Merry Christmas" to the Orbitel 901 phone of colleague Richard Jarvis. SMS rolled out commercially on many cellular networks that decade and became hugely popular worldwide as a method of text communication. By the end of 2010, SMS ...
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Bristol City Council
Bristol City Council is the local authority of Bristol, England. The council is a unitary authority, and is unusual in the United Kingdom in that its executive function is controlled by a directly elected mayor of Bristol. Bristol has 34 wards, electing a total of 70 councillors. History The council was formed by the Local Government Act 1972. It was first elected in 1973, a year before formally coming into its powers and prior to the creation of the non-metropolitan district of Bristol on 1 April 1974. Under the Local Government Act 1972 Bristol as a non-metropolitan district council would share power with the Avon County Council. This arrangement lasted until 1996 when Avon County Council was abolished and Bristol City Council gained responsibility for services that had been provided by the county council. Political composition Mayor The mayor of Bristol following the 2021 mayoral election is Marvin Rees for the Labour Party. Originally intended to serve for four yea ...
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Convertibility
Convertibility is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where instruments valued in different currencies must be exchanged. Currency trading Freely convertible currencies have immediate value on the foreign exchange market, and few restrictions on the manner and amount that can be traded for another currency. Free convertibility is a major feature of a hard currency. Some countries pass laws restricting the legal exchange rates of their currencies or requiring permits to exchange more than a certain amount. Some currencies, such as the North Korean won, the Transnistrian ruble, and the Cuban national peso, are officially nonconvertible and can only be exchanged on the black market. If an official exchange rate is set, its value on the black market is often lower. Convertibility controls may be introduced as part of an overall monetary policy. ...
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Bristol Pound Community Interest Company
Bristol () is a city, ceremonial county and unitary authority in England. Situated on the River Avon, it is bordered by the ceremonial counties of Gloucestershire to the north and Somerset to the south. Bristol is the most populous city in South West England. The wider Bristol Built-up Area is the eleventh most populous urban area in the United Kingdom. Iron Age hillforts and Roman villas were built near the confluence of the rivers Frome and Avon. Around the beginning of the 11th century, the settlement was known as (Old English: 'the place at the bridge'). Bristol received a royal charter in 1155 and was historically divided between Gloucestershire and Somerset until 1373 when it became a county corporate. From the 13th to the 18th century, Bristol was among the top three English cities, after London, in tax receipts. A major port, Bristol was a starting place for early voyages of exploration to the New World. On a ship out of Bristol in 1497, John Cabot, a Venetian, b ...
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Good Energy
Good Energy Group PLC is a British energy company based in Chippenham, Wiltshire that provides services in the electrification of transport and decentralised renewable energy generation such as domestic solar panels. The company is also an energy retailer, and built a portfolio of wind and solar generation which was sold in 2022. Founded by Juliet Davenport, its CEO is Nigel Pocklington. History The company was set up in 1997 as ''Ofex'', an offshoot of the German power company ''Unit Energy Europe''. The business was later bought by its management and changed its name to Good Energy in 2003. Good Energy said in 2010 that its aim was to move the UK away from reliance on fossil-fuel, to a network of small, independent generators supplying local customers. The company sources some of its power from 800 small and medium-sized, distributed renewable electricity generators across the country, as well as investing in its own generation sources; it had a target to supply around half of ...
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100% Renewable Energy
100% renewable energy means getting all energy from renewable resources. The endeavor to use 100% renewable energy for electricity, heating, cooling and transport is motivated by climate change, pollution and other environmental issues, as well as economic and energy security concerns. Shifting the total global primary energy supply to renewable sources requires a transition of the energy system, since most of today's energy is derived from non-renewable fossil fuels. Research into this topic is fairly new, with very few studies published before 2009, but has gained increasing attention in recent years. The majority of studies show that a global transition to 100% renewable energy across all sectors – power, heat, transport and desalination – is feasible and economically viable. A cross-sectoral, holistic approach is seen as an important feature of 100% renewable energy systems and is based on the assumption "that the best solutions can be found only if one focuses ...
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George Ferguson (architect)
George Robin Paget Ferguson CBE, PPRIBA, RWA (born 22 March 1947) is a British politician, former architect, and entrepreneur who served as the first elected mayor of Bristol from 2012 to 2016. Ferguson was co-founder of Ferguson Mann Architects in 1979, where regeneration and historic building work formed the foundation of the practice. He was also the founder of the national architectural group Acanthus. He is a past president of the Royal Institute of British Architects (2003–2005) where "he was noted for championing the causes of education, the environment and good urbanism". He was a founding director of The Academy of Urbanism and a founding member of the British sustainable transport charity Sustrans. Ferguson was appointed Commander of the Order of the British Empire (CBE) in the 2010 New Year Honours for services to architecture and to the community in the South West of England. In November 2012, Ferguson became the first elected mayor of Bristol. He was a member of ...
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University Of Bristol
, mottoeng = earningpromotes one's innate power (from Horace, ''Ode 4.4'') , established = 1595 – Merchant Venturers School1876 – University College, Bristol1909 – received royal charter , type = Public red brick research university , endowment = £91.3 million (2021) , budget = £752.0 million (2020–21) , chancellor = Paul Nurse , vice_chancellor = Professor Evelyn Welch , head_label = Visitor , head = Rt Hon. Penny Mordaunt MP , academic_staff = 3,385 (2020) , students = () , undergrad = () , postgrad = () , city = Bristol , country = England , coor = , campus = Urban , free_label = Students' Union , free = University of Bristol Union , colours = ...
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Fiscal Localism
Fiscal localism comprises institutions of localized monetary exchange. Sometimes considered a backlash against global capitalism or economic globalization, fiscal localism affords voluntary, market structures that help communities trade more efficiently within their communities and regions. Fiscal localism "Buy local" or local purchasing is the most visible face of fiscal localism. There are more complex institutions (both new and well established) that contribute to a community's ability to flourish. Institutions like credit unions, CDFI's (Community Development Financial Institutions), and local currency or complementary currency all can contribute to making communities more resilient and wealthy. Local currency has been in the news most, with journalists citing the Berkshares in Massachusetts, and the Ithaca Hours in Ithaca, New York. Beyond these salient examples, there are thousands of local currencies all over the world. Fiscal localism is rooted in the concept of decentra ...
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