Community wealth building is part of a placed-based approach which is gaining traction across the UK with a number of local authorities.

The Improvement Service (IS) has developed an Elected Members Briefing Series to help elected members keep pace with key issues affecting local government. 

Like all place-based approaches community wealth building seeks to reduce inequality, specifically seeking to take a proactive approach to supporting local inclusive economies. It is built upon the concept of creating a fairer, more socially just economy and has been advanced through a blend of five principles.

Elected Member Briefing Note: Community Wealth Building (improvementservice.org.uk)

All briefing notes in the series can be accessed at: 

Elected Member Guidance and Briefings | Improvement Service

 

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