Words on wealth
/The Scottish Government has launched a consultation into community wealth building, with the aim of taking forward a Community Wealth Building Bill.
Community wealth building is focused on growing the influence communities have on the economy and ensuring communities receive more of the benefits from the wealth they help to generate. The Scottish Government has adopted a community wealth building approach, and sees it as a key tool in supporting a just transition to net zero and reducing child poverty.
The consultation is open until the 25th April, and outlines 5 pillars of community wealth building: spending, workforce, land and property, inclusive ownership and finance. Measures contained within these pillars include investing in smaller and medium enterprises, fairer wages, diversified ownership of land, growing social enterprise and supporting local business.
SCDC will be responding to the consultation with a focus on ensuring local people, particularly disadvantaged and marginalised communities, are supported to have a meaningful say over community wealth building.
More information
