期刊
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
卷 111, 期 -, 页码 314-331出版社
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.rser.2019.05.001
关键词
Circular economy; Sustainable development; Fuzzy analytic network process (FANP); Industry life-cycle analysis; Palm oil industry
资金
- Ministry of Education, Youth and Sports, Czech Republic under OP RDE grant [CZ.02.1.01/0.0/0.0/16_026/0008413]
- Long Term Research Grant Scheme from Ministry of Higher Education (MOHE), Malaysia [LRGS/2013/UKM-UKM/PT/06]
- Newton Fund, the Engineering and Physical Sciences Research Council, United Kingdom [EP/PO18165/1]
- Universiti Kebangsaan Malaysia, Malaysia [EP-2017-028]
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 jeo-pardizing social benefits.
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