Sustainable Financing Model considering Project Risk

Table 1

Examining the research gap in the field of project financing.

# Ref	Objective	Mathematical model	Uncertainty	Risk	Solution approach	Case study
Eyiah and Cook [41]	Financing small and medium-scale contractors	—	—	—	Survey and questionnaire	The Bank for Housing and Construction (BHC) in Ghana
Singh and Kalidindi [42]	Identifying the various aspects of PPP road projects	—	—	✓	Questionnaire	PPP road projects in India
Ohiare [43]	Estimating the investment requirements and financing options for rural electrification	✓	—	—	Interview and questionnaire	Rural energy Projects in Nigeria
Chen et al. [44]	Identification of project financing risks	—	—	✓	Content analysis AHP	Beijing subway line 4 and Indian Dabhol Power Project
Barroco and Herrera [22]	Clearing barriers to project finance for renewable energy	—	✓	—	Content analysis PLS-SEM	Renewable energy projects in the Philippines
Ahmadabadi and Heravi [24]	Investigation of the interrelation between success criteria (SC) and critical success factors (CSFs)	—	—	✓	PLS-SEM	Highway projects in Iran
Klagge et al. [7]	Financing of renewable energy projects	—	—	✓	Statistical analysis	Two large-scale renewable energy projects in Kenya
Yemelyanov et al. [45]	Reduction of financing investment costs	✓	—	—	Statistical analysis	Natural gas in Western Ukraine
Roth et al. [46]	Reduction of financing investment costs	✓	—	—	Survey and impact analysis	Renewable energy projects in the European Union
Spasenic et al. [47]	Risk assessment of financing renewable energy projects	—	✓	✓	FMEA-DST	A small hydropower plant project in Serbia
Tavakolan and Nikoukar [40]	Time and total cost of financing international projects	✓	✓		NSGA II	Construction project in Iran
Pranata et al. [39]	Investigating various financing methods	—	—	—	Statistical analysis	Infrastructure projects in Europe and America
This paper	Cost-scheduling of financing international projects	✓	✓	✓	FAHP Epsilon constraint NSGA II	International projects in Iran