Green microfinance and payments for environmental services: from market-based panaceas towards an integrated approach to sustainable and inclusive rural development. Case studies from Central America.

Today's most popular instruments for ecosystem services and poverty alleviation overlook the complexity of socio-ecological systems. Stressing the significance of institutions and local actors' construction of pathways of change, we analyse the need for, and potential of, a more integrated approach for a more effective contribution to sustainable and inclusive rural development.

Keywords:ENVIRONMENTAL SUSTAINABILITY, ENERGY SERVICES, NICARAGUA

Disciplines:Economic development, innovation, technological change and growth, Management