Bibliometric analysis on green finance and sustainable investment

The transition toward sustainable finance has catalyzed an unprecedented evolution in global financial practices, driven by the need to integrate environmental stewardship, social responsibility, and economic resilience. This study conducts a detailed bibliometric analysis of green finance and sustainable investment literature to map intellectual developments, identify leading contributors, and discern emerging research trends. Drawing from major academic databases and leveraging visualization tools such as VOSviewer, the analysis highlights the increasing scholarly focus on Environmental, Social, and Governance (ESG) integration, the expansion of green bonds and impact investing, and the growing influence of financial technologies like blockchain and AI in sustainability assessments. The study further explores how international frameworks, such as the Paris Agreement and the United Nations Sustainable Development Goals, have accelerated research output and steered the evolution of sustainable finance narratives. In doing so, it emphasizes the growing interdisciplinary collaborations across finance, technology, policy, and environmental science, underscoring the complex and interconnected nature of green finance initiatives. The bibliometric results reveal a sharp rise in publications and citations after 2015, reflecting heightened global commitment to sustainability. China, the USA, and Germany emerge as leading contributors, while thematic clusters center around ESG integration, digital finance, and policy frameworks. Despite significant progress, major barriers persist, notably the absence of standardized ESG metrics and regulatory inconsistencies across regions. Furthermore, collaboration networks show that while developed economies dominate research outputs, there remains an urgent need for broader participation from emerging economies. The study concludes that achieving truly sustainable financial systems will require harmonized policies, technological innovation, and a deepened commitment to inclusive, global collaboration.

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Publication Details

Journal
International Journal of Financial Engineering
Published
2025-12-30
DOI
https://doi.org/10.1142/s2424786326500052
Primary Topic
Sustainable Finance and Green Bonds
Type
article
Field-Weighted Citation Impact
0.00
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article

Bibliometric analysis on green finance and sustainable investment

Shreya Pahwa, Mahesh Kumar Bagarti
International Journal of Financial Engineering
Sustainable Finance and Green Bonds
article

Bibliometric analysis on green finance and sustainable investment

Shreya Pahwa, Mahesh Kumar Bagarti
article en

Abstract

The transition toward sustainable finance has catalyzed an unprecedented evolution in global financial practices, driven by the need to integrate environmental stewardship, social responsibility, and economic resilience. This study conducts a detailed bibliometric analysis of green finance and sustainable investment literature to map intellectual developments, identify leading contributors, and discern emerging research trends. Drawing from major academic databases and leveraging visualization tools such as VOSviewer, the analysis highlights the increasing scholarly focus on Environmental, Social, and Governance (ESG) integration, the expansion of green bonds and impact investing, and the growing influence of financial technologies like blockchain and AI in sustainability assessments. The study further explores how international frameworks, such as the Paris Agreement and the United Nations Sustainable Development Goals, have accelerated research output and steered the evolution of sustainable finance narratives. In doing so, it emphasizes the growing interdisciplinary collaborations across finance, technology, policy, and environmental science, underscoring the complex and interconnected nature of green finance initiatives. The bibliometric results reveal a sharp rise in publications and citations after 2015, reflecting heightened global commitment to sustainability. China, the USA, and Germany emerge as leading contributors, while thematic clusters center around ESG integration, digital finance, and policy frameworks. Despite significant progress, major barriers persist, notably the absence of standardized ESG metrics and regulatory inconsistencies across regions. Furthermore, collaboration networks show that while developed economies dominate research outputs, there remains an urgent need for broader participation from emerging economies. The study concludes that achieving truly sustainable financial systems will require harmonized policies, technological innovation, and a deepened commitment to inclusive, global collaboration.

International Journal of Financial EngineeringVol. 13(01)
Sambalpur University (IN)
Openalex Percentile: Top 26%
Sustainable Finance and Green Bonds
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Bibliometric analysis on green finance and sustainable investment — Shreya Pahwa, Mahesh Kumar Bagarti · International Journal of Financial Engineering (2025) | TGRS Research Map | TGRS