The Eco-Iris is a local currency introduced in the Brussels region by the Ministry of Environment to promote sustainable behaviour and purchasing, boost the local economy and improve community cohesion. It is currently operating across five neighbourhoods. As with the e-Portemonnee in Belgium, members receive Eco-Iris for switching to environmentally friendly lifestyles or purchasing sustainable goods and services.
Local associations, shops and traders can also join, increasing spend options for members. Although not technically backed by legal tender, business owners may exchange excess Eco-Iris into euros at the Brussels Environment Ministry, at a discount.
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