Green finance trends: a bibliometric review using the Scopus database

Abstract

Green finance plays a crucial role in promoting sustainable development by funding environmentally friendly projects and supporting the transition to a low-carbon economy. This study conducted a bibliometric analysis of 2,138 articles published from 1998 to 2021 to identify key themes and trends in green finance literature. The analysis included co-authorship network analysis, citation analysis, and topic modeling. Results show a significant increase in green finance research since 2015, with major contributions from China and the United States. Future research directions identified include examining green finance's impact on sustainable development and addressing social and environmental inequalities. This study offers valuable insights for stakeholders promoting sustainable development through green finance and guides scholars interested in this research area.