Detail publikace

Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries

NGAN, S. HOW, B. TENG, S. PROMENTILLA, M. YATIM, P. ER, A. HON LOONG, L.

Originální název

Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries

Typ

článek v časopise ve Web of Science, Jimp

Jazyk

angličtina

Originální abstrakt

The concept of the circular economy has gained well-recognition across the world for the past decades. With the heightening risk of the impact of climate change, resource scarcity to meet the increasing world population, the need to transition to a more sustainable development model is urgent. The circular economy is often cited as one of the best solutions to support sustainable development. However, the diffusion of this concept in the industrial arena is still relatively slow, particularly in the developing country, which collectively exerts high potential to be the world's largest economies and workforce. It is crucial to make sure that the development of these nations is sustainable and not bearing on the cost of future generations. Thus, this work aims to provide a comprehensive review of the circular economy concept in developing country context. Furthermore, a novel model is proposed by adopting Fuzzy Analytics Network Process (FANP) to quantify the priority weights of the sustainability indicators to provide guidelines for the industry stakeholders at different stages of industry cycle to transition toward the circular economy. The results revealed that improvement in economic performance and public acceptance are the key triggers to encourage stakeholders for sustainable development. The outcomes serve as a reference to enhance the overall decision-making process of industry stakeholders. Local authorities can adopt the recommendations to design policy and incentive that encourage the adoption of circular economy in real industry operation to spur up economic development, without neglecting environmental well-being and jeopardizing social benefits.

Klíčová slova

Circular economy, Sustainable development, Fuzzy analytic network process (FANP), Industry life-cycle analysis, Palm oil industry

Autoři

NGAN, S.; HOW, B.; TENG, S.; PROMENTILLA, M.; YATIM, P.; ER, A.; HON LOONG, L.

Vydáno

1. 9. 2019

Nakladatel

Elsevier

Místo

Oxford, England

ISSN

1364-0321

Periodikum

RENEWABLE & SUSTAINABLE ENERGY REVIEWS

Ročník

111

Číslo

1

Stát

Spojené státy americké

Strany od

314

Strany do

331

Strany počet

18

URL

BibTex

@article{BUT157356,
  author="NGAN, S. and HOW, B. and TENG, S. and PROMENTILLA, M. and YATIM, P. and ER, A. and HON LOONG, L.",
  title="Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries",
  journal="RENEWABLE & SUSTAINABLE ENERGY REVIEWS",
  year="2019",
  volume="111",
  number="1",
  pages="314--331",
  doi="10.1016/j.rser.2019.05.001",
  issn="1364-0321",
  url="https://www.sciencedirect.com/science/article/pii/S1364032119303077"
}