Evaluating Green Economy Strategies through Multi-Criteria Decision Analysis: A Systematic Review

Sushil Kumar Sahoo; Shankha Shubhra Goswami; Darko Božanić; Soupayan Mitra

doi:10.31181/ijes1412025245

Authors

Sushil Kumar Sahoo Department of Mechanical Engineering, Indira Gandhi Institute of Technology, Sarang, Dhenkanal, Odisha, India Author https://orcid.org/0000-0002-8551-7353
Shankha Shubhra Goswami Department of Mechanical Engineering, Abacus Institute of Engineering and Management, Hooghly, West Bengal, India Author https://orcid.org/0000-0002-0033-3089
Darko Božanić Military Academy, University of Defence in Belgrade, Belgrade, Serbia Author https://orcid.org/0000-0002-9657-0889
Soupayan Mitra Department of Mechanical Engineering, Jalpaiguri Government Engineering College, Jalpaiguri, West Bengal, India Author https://orcid.org/0000-0001-6953-7189

DOI:

https://doi.org/10.31181/ijes1412025245

Keywords:

Sustainable development, Green economy, Multi-criteria decision analysis, MCDM, Bibliometric review, Hybrid decision models

Abstract

Green economy transition needs efficient metrics to evaluate the trade-off between environmental, economic, and social objectives. This paper review articles on Multi-Criteria Decision Analysis (MCDA) in green economy strategies published between 2010 and 2025 based on the Dimensions.ai database. After following a designed PRISMA method, 1626 articles were filtered and examined through bibliometric mapping and qualitative analysis. The findings demonstrate that Journal of Cleaner Production, Sustainability, and Renewable and Sustainable Energy Reviews are the most fruitful journals and China and Europe are the countries that present most of the research. AHP, TOPSIS, and hybrid approaches are some of the common MCDA methods which have been used in renewable energy planning, waste management, sustainable transport, supply chain optimization, and policy evaluation. The results suggest that MCDA assists in making the decisions more transparent, participatory, and evidence-based. Nevertheless, there are still difficulties, such as subjective approaches, unreliable information, and insufficient research of the world. All in all, this paper demonstrates the value of MCDA in aiding the green economy approach and suggests more comprehensive, technology-based approaches to procedure in the future

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References

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