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Sustainability assessment and cost-benefit analysis of selected rice husk CDM project in Thailand | |
Author | Thanon Ounsinman |
Call Number | AIT Thesis no.AB-13-01 |
Subject(s) | Rice husk--Thailand |
Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Agribusiness Management, School of Environment, Resources and Development |
Publisher | Asian Institute of Technology |
Series Statement | Thesis ; no. AB-13-01 |
Abstract | This study comprisedthree main objectives, namely, investigation of importancein overall sustainability aspects, evaluation of two CDM projects under12 criterions following Multi-Attributive Assessment of CDM (MATA-CDM) to find out which project contributes more in sustainability, and finally cost-benefit analysis to estimatereturnsfromeach projects. The goals of the CDM are two achievements. It has todecrease GHGsemission and it also helpto sustainability improvementinthehost-country. For this study, most experts identifiedthat CDM project shouldreduceGHGs emission more than contributingsustainable development because GHGs emission reduction is themain objective of Kyoto protocol for Annex I counties who have commitment for reduction (Project must be guaranteed thatitcan decrease level of GHGs for CDM registration). Sustainability remains merely as asub-objective. Therefore, this studyfocuseson sustainabilityissue of theseprojects. The MATA-CDM assessment starts with AHP conduction, it gathers scoresfrom experts who are well-known in CDM such as DOE, electricity, and energy to weight importanceof each criterions. After that, utility scores from each project were collected and calculated. Results of case studies revealthat both of CDM projects (small and large) contribute sustainability in different ways. The large-scale project contributes more in environment and economic aspects especially GHGs emission reduction and reduced uses of energy resources. However, the large-scale project cannot reach sustainability in social aspect especially participation of stakeholders. In other hand, small-scale project contributes in all three aspectsof sustainabilitybut project also creates a potential negative impact on stakeholder participation. However, small-scale CDM project contribute more sustainable development thanthelarge project. The cost-benefit analysiswas done usingthree indicators, namely, NPV, IRR, and PB to find out worthof project in implementation and absence of CDM. The results showedthat the large-scale CDM project is more worthythan small-scale CDM project in term of high NPV, high IRR, and short PB. Sensitivity analysis wasalso considered in five different conditions. The results present the chosen that five conditions influencemore in large-scale CDM project than the small one. |
Year | 2013 |
Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. AB-13-01 |
Type | Thesis |
School | School of Environment, Resources, and Development (SERD) |
Department | Department of Food, Agriculture and Natural Resources (Former title: Department of Food Agriculture, and BioResources (DFAB)) |
Academic Program/FoS | Agribusiness Management (AB) |
Chairperson(s) | Soni, Peeyush; |
Examination Committee(s) | Shivakoti, Ganesh P.;Dhakal, Shobhakar; |
Scholarship Donor(s) | Royal Thai Government Fellowship; |
Degree | Thesis (M. Am.) - Asian Institute of Technology, 2013 |