Publication detail

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.

Original Title

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

Type

journal article in Web of Science

Language

English

Original Abstract

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.

Keywords

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

Authors

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

Released

1. 9. 2019

Publisher

Elsevier

Location

Oxford, England

ISBN

1364-0321

Periodical

RENEWABLE & SUSTAINABLE ENERGY REVIEWS

Year of study

111

Number

1

State

United States of America

Pages from

314

Pages to

331

Pages count

18

URL

https://www.sciencedirect.com/science/article/pii/S1364032119303077

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"
}