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Moving towards a sustainable circular bio-economy in the agriculture sector of a developing country

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  • Khan, Feroz
  • Ali, Yousaf

Abstract

To achieve higher standards of sustainability, Pakistan has to shift towards the adoption of the Circular Bio-Economy (CBE) approach in its agriculture sector. However, to aid this transition, the determination of a sustainable waste management technology and supporting strategies is very essential. For this purpose, a hybrid methodology based on fuzzy Strength, Weakness, Opportunities, and Threats (SWOT) and fuzzy Technique for Order Preference by Similarity to the Ideal Solution (TOPSIS) is developed. The fuzzy approach used in both the cases is to address any sort of ambiguity during the decision-making process. From the fuzzy SWOT analysis, the decision-makers allocated the most importance to the “ease of adoption” criteria, among the list of internal factors. Whereas, from the list of external factors, the most importance was allocated to the “price competitiveness with respect to fossil feedstock” criteria. Also, composting and anaerobic digestion are considered to be the most sustainable technologies for valorizing the agricultural waste of Pakistan. However, composting showcases more opportunities for its adoption as compared to anaerobic digestion. Whereas, results from fuzzy TOPSIS suggest the provision of financial support to both the local farmers and investors to be the top-ranked strategy for the successful implementation of the CBE approach.

Suggested Citation

  • Khan, Feroz & Ali, Yousaf, 2022. "Moving towards a sustainable circular bio-economy in the agriculture sector of a developing country," Ecological Economics, Elsevier, vol. 196(C).
    • Handle: RePEc:eee:ecolec:v:196:y:2022:i:c:s0921800922000647
    DOI: 10.1016/j.ecolecon.2022.107402
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