Findings from University of Tunku Abdul Rahman in Sustainable Development Reported (A Review of Methods for Integrating Risk Management and Multicriteria Decision Analysis In Financial Feasibility for Post-coal-mining Land Usage Selection): Sustainability Research – Sustainable Development

2023 DEC 25 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators publish new report on Sustainability Research - Sustainable Development. According to news reporting originating in Kajang, Malaysia, by NewsRx journalists, research stated, “Coal mining is an economy activity that extract coal from underground. The land use after the mining operation ceased must be properly planned to mitigate the loss of employment, support economic diversification and sustainable development in future.”

Financial support for this research came from Doctoral Scholarship Grant from Universitas Surabaya, Indonesia.

The news reporters obtained a quote from the research from the University of Tunku Abdul Rahman, “Deciding the best post-mining land usage (PMLU) option fell into a multicriteria decision problem as the decision would have impact on many stakeholders, including corporations, workers, government, and local communities. This work reviewed past works related to PMLU with a specific interest in risk management and multi-criteria decision analysis. There were seven major categories for PMLU options discussed in the previous works, namely agriculture, forestry, water potential, industrial area, recreational, energy-related, and landfill site. The network visualization of keywords shown the lack of connection among PMLU, financial feasibility study, risk identification, risk simulation, and multi-criteria decision analysis. An integrated decision framework would contribute to fill the gap.”

According to the news reporters, the research concluded: “Potential land developers and all related parties may utilize the outcome obtained from this review to optimize their PMLU decision for the betterment of the environment and communities that aligns with the current world activities toward sustainable development to give our planet a better future.”

This research has been peer-reviewed.

For more information on this research see: A Review of Methods for Integrating Risk Management and Multicriteria Decision Analysis In Financial Feasibility for Post-coal-mining Land Usage Selection. Resources Policy, 2023;86. Resources Policy can be contacted at: Elsevier Sci Ltd, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, Oxon, England. (Elsevier - www.elsevier.com; Resources Policy - http://www.journals.elsevier.com/resources-policy/)

Our news correspondents report that additional information may be obtained by contacting Lip Huat Saw, University of Tunku Abdul Rahman, Lee Kong Chian Fac Engn & Sci, Kajang 43000, Malaysia. Additional authors for this research include I. Made Ronyastra and Foon Siang Low.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.resourpol.2023.104260. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

(Our reports deliver fact-based news of research and discoveries from around the world.)