What local currency was launched in Totnes, Devon, in 2007?

The local currency launched in Totnes, Devon, in 2007 was the Totnes pound.

The currency was introduced as part of the Transition Town Totnes movement, which promoted stronger local economic links and reduced dependence on distant supply chains. Notes were designed for use by participating local businesses and were exchangeable for sterling.

Totnes is a market town in Devon, southwest England, and became one of the best-known examples of the transition-town approach. The currency helped draw attention to the idea that spending locally can keep more economic value within a community.

The Totnes pound is sometimes confused with other British local currencies. The Bristol Pound began in Bristol in 2012, the Lewes Pound was introduced in East Sussex in 2008, and the Stroud Pound was associated with Stroud in Gloucestershire. These currencies were separate projects, even though they shared similar goals.