A BIBLIOMETRIC STUDY OF CLIMATE FINANCE: MAPPING KNOWNS AND CHARTING THE UNKNOWNS

Abstract

This study of climate finance is crucial for providing valuable insights and guidelines for informed decisions and strategic planning in promoting sustainability and addressing the challenges of climate change. This study utilizes bibliometric analysis to expand and enhance the existing body of research on climate finance. This study comprehensively overviews the latest advancements and emerging patterns in this field. This study acknowledges the remarkable progress achieved in recent years, primarily attributed to the Climate Agreement and the efforts of prominent nations, including China, the UK, and the US. The methodology of the current study involved conducting a bibliometric analysis of climate finance literature spanning 2003 to 2023. Data for articles were retrieved from Web of Science, with data collection starting in October 2023. Bibliometric analysis was chosen as the best technique to examine the dataset because it can handle large amounts of bibliographic data without potential interpretation bias. By extensively analyzing the existing literature, this study identifies and explores seven dominant themes currently prevalent in climate finance research: Green Bonds, Green Innovation, Green Finance, Green Energy, Sustainable Finance, Green Banking, and Green Research. Additionally, this study offers insightful information about the significant authors, countries, journals, and papers that influence the field of climate finance. This information gives financial practitioners and policymakers a strong foundation for making well-informed decisions that pave the way for climate resilience and sustainability. Using this knowledge, we can help create a greener future for the community and its people.