International Business Management

Year: 2015
Volume: 9
Issue: 6
Page No. 1481 - 1489

A Study on Ideas and Values Towards Sustainable Development: Experiences of Malaysia and the Montreal Protocol Through Financial and Technical Incentives

Authors : Muhammad Rizal Razman, Rabiatul Jannah Mohamad, Sharifah Zarina Syed Zakaria, Zurina Mahadi, Kadir Arifin and Zuliskandar Ramli

Abstract: Sustainable development is very essential to protect the environmental surroundings as well as for the better living environment for mankind. One of the international law that adopted the principle of protecting the environment is Montreal Protocol. Montreal Protocol is one of the successful international environmental laws. Montreal Protocol managed to seek international environmental cooperation among almost all of the states in the world. There are several values that supported the sustainable development has been incorporated, compromised and negotiated throughout the implementation of Montreal Protocol at the national level in Malaysia. This ideas and values towards sustainable development that have been incorporated in the implementation process assisted in successful of Montreal Protocol’s implementation in Malaysia. Therefore, the primary purpose of this study is to explain the influence of financial and technical incentives (focusing on ideas and values towards sustainable development) during the early stage of negotiations that build up the international environmental cooperation in the Montreal Protocol. Meanwhile, the methods of this study are based on qualitative set up which is based on the meetings’ proceeding reports of the Montreal Protocol. Finally, the results potentially provide with better understanding of the influence of financial and technical incentives (focusing on ideas and values towards sustainable development) in implementation the Montreal Protocol based on Malaysia experiences.

How to cite this article:

Muhammad Rizal Razman, Rabiatul Jannah Mohamad, Sharifah Zarina Syed Zakaria, Zurina Mahadi, Kadir Arifin and Zuliskandar Ramli, 2015. A Study on Ideas and Values Towards Sustainable Development: Experiences of Malaysia and the Montreal Protocol Through Financial and Technical Incentives. International Business Management, 9: 1481-1489.

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