Jurnal Manajemen Riset Inovasi
Vol. 4 No. 4 (2026): Jurnal Manajemen Riset Inovasi

Mapping the Intersection of Risk-Based Maintenance and Climate Finance: A Scoping Review

Fiesty Utami (Universitas Sultan Ageng Tirtayasa)
Aceng Abdul Hadi (Pohang University of Science and Technology)



Article Info

Publish Date
12 Oct 2026

Abstract

The decarbonization of the steel industry requires major investment decisions concerning the continued operation, revamp, or replacement of blast furnace assets. However, these decisions involve not only equipment reliability and maintenance risks but also financial feasibility, climate transition risks, and the potential for stranded assets. The intersection between risk-based maintenance (RBM) and climate finance therefore remains insufficiently explored. This scoping review aims to systematically map the intersection of RBM methodologies and climate finance frameworks and identify asset selection criteria relevant to blast furnace revamp decisions. Following the PRISMA-ScR guidelines, the review synthesizes 47 studies across three thematic domains: risk-based maintenance approaches, climate finance mechanisms, and steel industry decarbonization pathways. The review reveals a critical gap in integrated decision-making frameworks that simultaneously address equipment reliability, financial viability, and climate transition risk. Key criteria identified include technology readiness levels, carbon abatement costs, stranded asset risks, and green finance eligibility. These findings provide a foundation for practitioners and policymakers to integrate asset management, capital investment, and climate finance considerations when making strategic blast furnace decisions aligned with long-term climate neutrality objectives.

Copyrights © 2026






Journal Info

Abbrev

mri

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Manajemen Sumberdaya Manusia , Manajemen Keuangan, Manajemen Pemasaran, Manajemen Sektor Publik, Manajemen Operasional, Manajemen Rantai Pasokan, Corporate Governance, Etika Bisnis, Akuntansi Manajemen dan Pasar Modal dan ...