Community Wealth Building

The Ministerial Advisory Panel on Community Wealth Building appointed by the Minister for Communities in March delivered its independent report in October, including 26 recommendations to deliver real and sustainable change.

The report considers the potential for improved social and economic outcomes by making policy, legislative and practical changes in a number of areas including Social Value, Community Rights, support for Social Enterprise, Social Finance, Real Living Wage and Workers Rights. Bridget Meehan, Policy Officer for Advice NI, commented:

“This report is welcomed as an upstream approach to dealing with some of the poverty and cost of living problems our society is facing. Community Wealth Building has the potential to retain the benefits of locally generated wealth for the good of our region. But that potential will only be realised if the recommendations in this report are acted upon.”