A time-based, mutual-aid operational model that encourages reciprocal exchange
Give and Take
Sponsor and Programme:
Overview
The timebank strategy has been increasingly adopted by organizations in Hong Kong as an approach to build social capital. However, there is a lack of a localized, evidence-based operational and evaluation framework. Without a community-level social capital measurement tool, it is hard to assess project outcomes from a macro perspective.
Component 1：
Conduct a knowledge
development study
To explore the application of the timebank concept and existing projects in Hong Kong
Component 2：
Implement a knowledge
exchange initiative
To share insights from Project 1 with the social welfare sector and the public sector
Component 3：
Establish a Timebank
Incubation Hub
To promote the timebank strategy and provide concurrent support
Details
Timebanking is a time-based, mutual-aid operational model that encourages reciprocal exchange. Through giving and receiving, participants gain social recognition and acceptance, which fosters a cycle of helping others. This dynamic helps strengthen reciprocal relationships within communities and society at large.
Since 2019, the timebank strategy has gained increasing popularity among projects funded by the Community Investment and Inclusion Fund (CIIF). These CIIF-funded timebank initiatives have targeted various groups, including retirees, caregivers, women, residents of subdivided units, and those living in outlying islands. However, the implementation of these projects has faced two major challenges: the absence of a localized, evidence-based operational and evaluation framework (such as a community-level social capital measurement tool), and the lack of a professional support network, which limits the effectiveness of timebanking initiatives.
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ADDRESS
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