The EKO is the community currency of the Findhorn ecovillage in north-west Scotland. Pegged to pound sterling, it operates alongside the village’s LETS to provide a strong and resilient local money system.
The EKO offers low-interest loans to various community projects. To date, these have included a youth project, a local co-operative and a community wind farm. A sustainable housing development will also soon be financed through the EKO.
The currency contributes to the ecovillage’s overall vision of demonstrating an economically, environmentally and socially sustainable community-based development model.