A Bibliometric Review of Green Finance: Current Status, Development and Future Directions
Abstract
Research background
The worldwide fight against climate change and its impacts finds support in the realm of green financing. The realization of the United Nations’ sustainable objectives hinges upon it. Considering that green financing is hailed as the future of banking and investment, it demands a thorough comprehension.
Purpose
The purpose of this study is to delve into the cutting-edge trends within the domain of green financing research. Employing a mixed-methods approach involving bibliometric and qualitative analysis, this research aims to provide insights into this vital field.
Research methodology
Utilizing a mixed-methods approach, this study employs a bibliometric analysis, qualitative assessment, and content analysis to delve into the realm of green financing. Over a thousand interconnected papers are quantitatively analyzed, with validation from reputable sources such as Google Scholar, Web of Science, and ScienceDirect.
Results
The study’s findings reveal a clear trajectory. China leads in the implementation of green finance within business operations, with the USA following suit. These results underscore crucial applications of green financing within specific research domains.
Novelty
This study unveils significant applications of green financing across various research domains. Furthermore, it highlights methods to harness the potential benefits of green financing, thus promoting research and development advancements.
© 2023 Ashish Saxena, Sadhana Tiwari, Shashank Bhardwaj, Shweta Srivastava, Nitendra Kumar, published by Sciendo
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