This chapter develops a monetary scheme grounded in monetary subsidiarity. Subsidiary currencies attempt to democratically implement a special-purpose currency at each relevant level and at the best decision-making level at which to achieve the objectives ascribed to them. The chapter develops the three potentials of community currencies (CCs) which identified with respect to the challenges of sustainable territorial development and the findings of empirical surveys conducted using a socio-economic approach. It shows that deploying these currencies might activate their monetary complementarity by mobilising the principle of monetary subsidiarity. The chapter proposes a subsidiary monetary scheme for increasing the capacity of CCs to promote the transition towards sustainable territorial development by focusing on two territorial scales of action: the local and the bioregional scales. In order to evaluate the potential and the impact of CC schemes, the chapter considers a framework for evaluation combining sustainable development and territorial economies.
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