The Welsh Government are delighted to announce the launch of a new eLearning module on Community Wealth Building and the Foundational Economy.
This engaging online resource aims to build understanding of what the Foundational Economy is; the benefits it can bring; and how it can be strengthened.
Jeremy Miles, Cabinet Secretary for Economy, Energy and Welsh Language explains:
“This online eLearning module is an excellent tool to better understand Community Wealth Building and place-based approaches, which can support and nourish the Foundational Economy, central to our Economic Mission. We all interact with the Foundational Economy (FE) every day, from the food we eat, the buildings we live and work in, and the services that we use. It is inseparable from our communities and our country, representing roughly 40% of the economy.
Building the necessary capability and skills to embed FE objectives across the Welsh public sector is crucial. By doing this we can maximise opportunities for our indigenous suppliers and build resilient, highly skilled supply chains – keeping the Welsh pound in our communities.
To do this, we recognise the need to provide the necessary toolsets and support for our public sector partners and practitioners.
I am pleased to announce the launch of this eLearning module and hope it is widely used to strengthen understanding, commitment and know-how to help our foundational sectors thrive.”
This module has been designed for anyone to take, whether interested citizens or those working in public, private and third sectors.
No specialist knowledge is required to take this module and it has been designed for anyone who is interested.
For further information please select the following link: New Foundational Economy Online Learning Resource – Cynnal Cymru – Sustain Wales