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Community Wealth Building: Where Next?
February 15 @ 10:00 am - 11:30 am
The Community Wealth Building agenda is maturing. A number of localities and organisations in Scotland have taken up the approach, and the Scottish Government has embarked on consultation on primary legislation with the findings document having been published.
This event will reflect on practical progress to date, ask what the next steps are to be, and where we are heading next with Community Wealth Building and creating an economy that builds wealth for all Scots.
Agenda
10am Introduction – Neil McInroy, EDAS Chair and Global CWB Lead, Democracy Collaborative
10.05am Community Wealth Building Vision for Scotland– In Conversation – Tom Arthur MSP, Minister for Community Wealth and Public Finance and Neil McInroy
10.25am Reflections and Q&A
10.45am Updates from Scotland:
Argyll and Bute Council: Fergus Murray, Head of Economic Development and Ishabel Bremner, Economic Growth Manager
Fife Council: Cllr David Ross, Leader with Sinéad O’Donnell, Policy & Delivery Manager
North Ayrshire Council: Cllr Marie Burns, Leader with Emma McCullen, Senior Manager – Economic Policy and Mhairi Paterson, Economic Policy Manager (Community Wealth Building)
11.10am Q&A
11.25am Closing remarks
11.10am Q&A
11.25am Closing remarks
About Community Wealth Building
Community wealth building is a practical and outcome focused approach to economic development that can help deliver on Scotland’s wellbeing economy and inclusive growth aspirations. It does this by working with local authorities and other ‘anchor institutions’ (such as the NHS, higher education institutions and large private businesses) to influence how they spend, procure and recruit so more benefits go to the places they are located within. In doing this, it seeks to simplify delivery on the ground, so we focus on jobs, enterprise and community benefits. It requires work across boundaries, and flexibility in systems to respond to local need.
The five core principles of Community Wealth Building are: progressive procurement; fair employment and just labour markets; shared ownership of the local economy; socially just use of land and property; and making financial power work for local places.