p8 Flashcards
Local sourcing refers to:
the practice of obtaining goods and services from within the local community or region.
Transition towns
prominent example of local groups promoting local sourcing.
community-led initiatives that aim to transition towards more sustainable and self-reliant lifestyles.
They encourage local sourcing as a means to reduce dependence on global supply chains and support the local economy
Economic benefits of local sourcing
can boost the local economy by creating job opportunities within the community.
It supports local businesses, which helps to retain wealth and profits within the region.
Increased economic activity can lead to enhanced economic resilience and reduce vulnerability to global economic fluctuations.
Social benefits of local sourcing:
fosters a sense of community and strengthens social ties within the locality.
It promotes a closer connection between producers and consumers, allowing for more transparent and ethical trade relationships.
Supporting local producers often means purchasing goods that are produced with sustainable practices and fair labour conditions.
Environmental benefits of local sourcing:
reduces the carbon footprint associated with long-distance transportation of goods.
It decreases energy consumption and greenhouse gas emissions by shortening supply chains.
encourage sustainable farming practices, such as organic farming and regenerative agriculture, which have positive environmental impacts.
Costs of local sourcing:
may lead to higher prices for goods and services compared to globally sourced alternatives.
It can limit consumer choice, as the range of available products may be narrower compared to global markets.
In certain cases, local sourcing might not be feasible or economically viable for certain products or industries.
transition towns (exeter) methods:
Local Food Initiatives
Renewable Energy
Waste Reduction and Recycling
The Exeter Pound
Local Food Initiatives
The city supports farmers’ markets, where local producers can directly sell their goods to consumers, promoting local sourcing and reducing food miles.
Exeter also promotes community-supported agriculture (CSA) schemes, where residents can subscribe to receive regular deliveries of locally grown produce.
Renewable Energy
encourages the use of renewable energy sources and promotes energy efficiency initiatives.
The city has invested in solar panel installations on public buildings and supports community-owned renewable energy projects.
Waste Reduction and Recycling
Exeter encourages waste reduction and recycling practices to minimize landfill waste and promote a circular economy.
Transition Exeter organises community-wide recycling campaigns and educates residents on proper waste management.
exeter pound
introduced between 2015 to 2018
an independent currency that could be spent in local and independent businesses in exeter
encouraged people to shop locally
however bit pointless because exchange rate was 1:1 with the pound
Fair Trade:
a system that ensures producers in developing countries receive fair prices for their products, providing them with better working conditions and promoting environmental sustainability.
Fair trade and ethical consumption schemes aim to…
address various issues associated with global trade, including environmental degradation, inequalities, and poor working conditions.
Ethical Consumption Schemes
refers to the deliberate choice of consumers to purchase products that align with their values and support ethical practices.
Ethical consumption schemes encourage consumers to consider the social, environmental, and ethical impact of their purchasing decisions.