Emerging Research Trends in Green Finance: A Bibliometric Overview

Author:

Mohanty Sagarika1,Nanda Sudhansu Sekhar2ORCID,Soubhari Tushar3ORCID,S Vishnu N4,Biswal Sthitipragyan5ORCID,Patnaik Shalini6

Affiliation:

1. KIIT School of Management, KIIT University, Bhubaneswar 751024, Odisha, India

2. Department of Finance, Kirloskar Institute of Management, Harihar 577601, Karnataka, India

3. Department of Commerce, N.S.S. College, University of Calicut, Manjeri 676122, Kerala, India

4. Department of Commerce and Professional Studies, Rajagiri College of Social Sciences (Autonomous), Cochin 683104, Kerala, India

5. Department of Management, ASTHA School of Management, Bhubaneswar 752101, Odisha, India

6. Department of Finance, Institute of Management and Information Science, Bhubaneswar 752101, Odisha, India

Abstract

Green finance is significant since it is the first organized effort by the financial industry to link financial performance with a positive environmental impact. Green finance products are being developed appropriately to achieve sustainability. The present study employs a fundamental bibliometric methodology to assess the current state and progress of academic research on green finance. 1748 papers are taken for this study. Data are extracted from a scholarly database i.e., SCOPUS and for network analysis, VOSviewer software is used. The present paper is focused on six research questions. Information is gathered to examine the above research questions and network maps are applied. We examined year-wise document publications, types of documents, subject areas, most influential articles, different journal sources, co-authorship of countries, and co-occurrence of keywords of green finance. We categorized keywords into clusters and discovered new trends in green finance. The paper also highlighted the recent issues and challenges. The study has also certain limitations and it is concluded by providing implications and suggestions for future studies. At last, this paper will give more insights to researchers, academicians, and others to discover the research gaps in this field of green finance.

Publisher

MDPI AG

Subject

Finance,Economics and Econometrics,Accounting,Business, Management and Accounting (miscellaneous)

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