Applying Microfinance Technique of Appropriate Ecotechnology for Afforestation and Lighting: Development and Sustenance in Developing Countries

Abstract

Eco technology needs to expand its mass base and include poorest of poor for meaningful intervention. However, environmental and ecological destructions, energy availability and poverty are closely interlinked. They vie for the same space in financial domain. In this paper, microfinance as a tool for eco technological intervention is mooted for poor masses in developing countries. Afforestation and WLED base rural lighting (one Watt Solution) is proposed as strategy using Microfinance as tool to achieve energy, environment and poverty reduction targets simultaneously and without straining financial resources for developmental initiatives in developing countries. It would further create assets to reduce future vulnerability among poorest of poors.