Multiple criteria decision analytical tools in assessing risk for green growth: the case of oil palm biomass in Malaysia
The heightening world issues arises from climate change and energy security has created a strong resonance for sustainable development. The utilisation of biomass resources is amongst one of the best strategies to counter carbon emission and energy security issues for waste-to-wealth. Over the last...
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| Format: | Thesis (University of Nottingham only) |
| Language: | English |
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2020
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| Online Access: | https://eprints.nottingham.ac.uk/59278/ |
| _version_ | 1848799605380087808 |
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| author | Ngan, Sue Lin |
| author_facet | Ngan, Sue Lin |
| author_sort | Ngan, Sue Lin |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | The heightening world issues arises from climate change and energy security has created a strong resonance for sustainable development. The utilisation of biomass resources is amongst one of the best strategies to counter carbon emission and energy security issues for waste-to-wealth. Over the last decade, the Malaysian government has shown its clear intent to be a front-runner in the green economy through its various green economy policies and programs, particularly focus on oil palm biomass industry. However, it is observed that the diffusion rate of the industry remains relatively slow as compared to other developing countries such as Thailand and Philippine. Literature, anecdotal evidence, and advocates as well as businesses have identified that one of the non-technical factors that contribute to this problem is financing difficulties. The complication of biomass value chain creation often engaged with high risk profile, capital intensive and long payback period which is unfavourable for financing based on conventional risk assessment. Thus, this research focusses on developing a full range risk assessment model in aiding the industry stakeholder to comprehend the risk profile in managing and mitigating risk in biomass value chain in Malaysia. Multiple decision analytical tools have been employed and developed to integrate non-quantitative factors in risk assessment and design risk mitigation strategy based on the strengths and preferences of different stakeholders’ role. The outputs can serve as policy recommendation to aid the authorities and policy makers to undertake policy reviews to effectively spur the biomass industry for green growth. Furthermore, financier and investor are recommended to utilise the information to enhance its financing decision, to offer financial products that customised the need of sustainable projects without losing great business opportunity. Last but not least, the framework also offers industry stakeholders a practical decision analysis and making tool to integrate preferences as well as quantitative information to mitigate risks before any losses in venturing into the biomass industry occurred. |
| first_indexed | 2025-11-14T20:38:19Z |
| format | Thesis (University of Nottingham only) |
| id | nottingham-59278 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T20:38:19Z |
| publishDate | 2020 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-592782025-02-28T12:15:58Z https://eprints.nottingham.ac.uk/59278/ Multiple criteria decision analytical tools in assessing risk for green growth: the case of oil palm biomass in Malaysia Ngan, Sue Lin The heightening world issues arises from climate change and energy security has created a strong resonance for sustainable development. The utilisation of biomass resources is amongst one of the best strategies to counter carbon emission and energy security issues for waste-to-wealth. Over the last decade, the Malaysian government has shown its clear intent to be a front-runner in the green economy through its various green economy policies and programs, particularly focus on oil palm biomass industry. However, it is observed that the diffusion rate of the industry remains relatively slow as compared to other developing countries such as Thailand and Philippine. Literature, anecdotal evidence, and advocates as well as businesses have identified that one of the non-technical factors that contribute to this problem is financing difficulties. The complication of biomass value chain creation often engaged with high risk profile, capital intensive and long payback period which is unfavourable for financing based on conventional risk assessment. Thus, this research focusses on developing a full range risk assessment model in aiding the industry stakeholder to comprehend the risk profile in managing and mitigating risk in biomass value chain in Malaysia. Multiple decision analytical tools have been employed and developed to integrate non-quantitative factors in risk assessment and design risk mitigation strategy based on the strengths and preferences of different stakeholders’ role. The outputs can serve as policy recommendation to aid the authorities and policy makers to undertake policy reviews to effectively spur the biomass industry for green growth. Furthermore, financier and investor are recommended to utilise the information to enhance its financing decision, to offer financial products that customised the need of sustainable projects without losing great business opportunity. Last but not least, the framework also offers industry stakeholders a practical decision analysis and making tool to integrate preferences as well as quantitative information to mitigate risks before any losses in venturing into the biomass industry occurred. 2020-02-22 Thesis (University of Nottingham only) NonPeerReviewed application/pdf en arr https://eprints.nottingham.ac.uk/59278/1/Ngan%20Sue%20Lin%20-%20final%20thesis.pdf Ngan, Sue Lin (2020) Multiple criteria decision analytical tools in assessing risk for green growth: the case of oil palm biomass in Malaysia. PhD thesis, University of Nottingham. risk assessment risk management green growth multiple criteria decision analysis (MCDA) oil palm biomass |
| spellingShingle | risk assessment risk management green growth multiple criteria decision analysis (MCDA) oil palm biomass Ngan, Sue Lin Multiple criteria decision analytical tools in assessing risk for green growth: the case of oil palm biomass in Malaysia |
| title | Multiple criteria decision analytical tools in assessing risk for green growth: the case of oil palm biomass in Malaysia |
| title_full | Multiple criteria decision analytical tools in assessing risk for green growth: the case of oil palm biomass in Malaysia |
| title_fullStr | Multiple criteria decision analytical tools in assessing risk for green growth: the case of oil palm biomass in Malaysia |
| title_full_unstemmed | Multiple criteria decision analytical tools in assessing risk for green growth: the case of oil palm biomass in Malaysia |
| title_short | Multiple criteria decision analytical tools in assessing risk for green growth: the case of oil palm biomass in Malaysia |
| title_sort | multiple criteria decision analytical tools in assessing risk for green growth: the case of oil palm biomass in malaysia |
| topic | risk assessment risk management green growth multiple criteria decision analysis (MCDA) oil palm biomass |
| url | https://eprints.nottingham.ac.uk/59278/ |