A multi-criteria decision support tool for selecting circular economy business models

Waste management has become a pivotal public health and environmental question, particularly in developing nations, due to rapid industrialization, population growth, and inadequate policy. To foster a long-term pattern of progress, global trends are encouraging governments, policymakers, and intern...

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Main Authors: Somorin, Tosin, Gebrezgabher, Solomie A., Ghosh, Surajit, Taron, Avinandan, Bodach, Susanne
Format: Brief
Language:Inglés
Published: CGIAR Initiative on Nature-Positive Solutions; CGIAR Initiative on Resilient Cities 2023
Subjects:
Online Access:https://hdl.handle.net/10568/134893
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author Somorin, Tosin
Gebrezgabher, Solomie A.
Ghosh, Surajit
Taron, Avinandan
Bodach, Susanne
author_browse Bodach, Susanne
Gebrezgabher, Solomie A.
Ghosh, Surajit
Somorin, Tosin
Taron, Avinandan
author_facet Somorin, Tosin
Gebrezgabher, Solomie A.
Ghosh, Surajit
Taron, Avinandan
Bodach, Susanne
author_sort Somorin, Tosin
collection Repository of Agricultural Research Outputs (CGSpace)
description Waste management has become a pivotal public health and environmental question, particularly in developing nations, due to rapid industrialization, population growth, and inadequate policy. To foster a long-term pattern of progress, global trends are encouraging governments, policymakers, and international organizations to explore pathways for transitioning from linear to circular economy business models. Resource Recovery and Reuse (RRR) offers viable pathways with multiple value propositions beyond environmental benefits. However, the decision-making processes involved in the shaping and selection of business models often require weighing costs and benefits and making trade-offs among alternatives and competing priorities. Some costs and benefits are clearly identifiable and can be numerically expressed, yet many others cannot be readily determined. This technical report presents the conceptual framework underlying a multi-criteria-based decision support tool tailored to enable decisionmakers and practitioners to select appropriate and sustainable CE business models in the RRR context with positive social, economic, and environmental outcomes.
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publishDate 2023
publishDateRange 2023
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publisher CGIAR Initiative on Nature-Positive Solutions; CGIAR Initiative on Resilient Cities
publisherStr CGIAR Initiative on Nature-Positive Solutions; CGIAR Initiative on Resilient Cities
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spelling CGSpace1348932025-11-07T08:05:23Z A multi-criteria decision support tool for selecting circular economy business models Somorin, Tosin Gebrezgabher, Solomie A. Ghosh, Surajit Taron, Avinandan Bodach, Susanne circular economy business models decision support systems waste management resource recovery reuse decision making cost benefit analysis market segmentation financing environmental impact socioeconomic aspects frameworks public health Waste management has become a pivotal public health and environmental question, particularly in developing nations, due to rapid industrialization, population growth, and inadequate policy. To foster a long-term pattern of progress, global trends are encouraging governments, policymakers, and international organizations to explore pathways for transitioning from linear to circular economy business models. Resource Recovery and Reuse (RRR) offers viable pathways with multiple value propositions beyond environmental benefits. However, the decision-making processes involved in the shaping and selection of business models often require weighing costs and benefits and making trade-offs among alternatives and competing priorities. Some costs and benefits are clearly identifiable and can be numerically expressed, yet many others cannot be readily determined. This technical report presents the conceptual framework underlying a multi-criteria-based decision support tool tailored to enable decisionmakers and practitioners to select appropriate and sustainable CE business models in the RRR context with positive social, economic, and environmental outcomes. 2023-11-27 2023-11-30T21:00:17Z 2023-11-30T21:00:17Z Brief https://hdl.handle.net/10568/134893 en Open Access application/pdf CGIAR Initiative on Nature-Positive Solutions; CGIAR Initiative on Resilient Cities Somorin, Tosin; Gebrezgabher, Solomie; Ghosh, Surajit; Taron, Avinandan; Bodach, Susanne. 2023. A multi-criteria decision support tool for selecting circular economy business models. Colombo, Sri Lanka: International Water Management Institute (IWMI). CGIAR Initiative on Nature-Positive Solutions; CGIAR Initiative on Resilient Cities. 21p.
spellingShingle circular economy
business models
decision support systems
waste management
resource recovery
reuse
decision making
cost benefit analysis
market segmentation
financing
environmental impact
socioeconomic aspects
frameworks
public health
Somorin, Tosin
Gebrezgabher, Solomie A.
Ghosh, Surajit
Taron, Avinandan
Bodach, Susanne
A multi-criteria decision support tool for selecting circular economy business models
title A multi-criteria decision support tool for selecting circular economy business models
title_full A multi-criteria decision support tool for selecting circular economy business models
title_fullStr A multi-criteria decision support tool for selecting circular economy business models
title_full_unstemmed A multi-criteria decision support tool for selecting circular economy business models
title_short A multi-criteria decision support tool for selecting circular economy business models
title_sort multi criteria decision support tool for selecting circular economy business models
topic circular economy
business models
decision support systems
waste management
resource recovery
reuse
decision making
cost benefit analysis
market segmentation
financing
environmental impact
socioeconomic aspects
frameworks
public health
url https://hdl.handle.net/10568/134893
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