Banks and climate risk: a bibliometric review and policy perspective

This paper presents a bibliometric analysis to explore existing research on climate risk in the banking sector. The review synthesises key drivers, transmission channels, and theoretical frameworks, identifying how climate risks propagate through the financial system. Drawing on 226 peer-reviewed articles, the study maps the evolution of the field and identifies five major thematic clusters: climate finance regulation, risk assessment, bank lending behavior, climate risk management and climate corporate governance. After identifying the most important contributions in the field and how the literature has evolved, we observe that research on climate finance regulation and risk assessment is well-developed, whereas other areas require further investigation. These findings suggest future research directions for scholars and offer policy-relevant insights.