# SOL Project

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The **SOL Project** is an innovative [French](/source/France) [complementary currency](/source/Complementary_currency) designed to promote a "[solidarity economy](/source/Solidarity_economy)". The project is being financed by the [European Commission](/source/European_Commission) and pilot tested in [Nord-Pas-de-Calais](/source/Nord-Pas-de-Calais), [Île-de-France](/source/%C3%8Ele-de-France_(region)) and [Brittany](/source/Brittany_(administrative_region)).

SOL was initiated by Patrick Viveret and Dominique Picard and has received praise from president [Jacques Chirac](/source/Jacques_Chirac).[1] Supporters who believe that SOL will raise the standard of living for [low income](/source/Poverty) participants while building [local economies](/source/Community-based_economics).

## See also

- [Ethical banking](/source/Ethical_banking)

## References

1. Yasuyuki Hirota. ["Europe's Move To 'Complementary Currencies'"](http://english.ohmynews.com/articleview/article_view.asp?article_class=3&no=200116&rel_no=1). *OhmyNews (June 06, 2004)*. Retrieved 1 August 2006.

## External links

- Sol website: [https://www.sol-reseau.org/](https://www.sol-reseau.org/)
- *[Social Economy Round Two DP Analysis](http://ec.europa.eu/employment_social/equal/data/document/etg2-se-rd2analysis.pdf)*, [European Commission](/source/European_Commission) report

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