Environmental finance: An interdisciplinary review

Hu Tao, Shan Zhuang, Rui Xue, Wei Cao, Jinfang Tian, Yuli Shan*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

95 Citations (Scopus)
179 Downloads (Pure)

Abstract

Environmental finance has gained considerable attention globally as an emerging interdisciplinary research area. This study uses bibliometric analysis to systematically review major studies on environmental finance-related areas published since the 1970s. Through a bibliometric analysis of 892 environmental finance-related articles sourced from the Web of Science database, we identified the main research streams and illustrated the trending research themes of environmental finance. We find that publications related to environmental finance have increased exponentially over the past decade. Current research streams include corporate and social responsibility (CSR), climate negotiations, natural gas price volatility, national policy, and cost comparisons. Further analysis of the recent five years of literature shows that emerging research topics include climate finance, sustainable finance, firm value, climate risk, and green bonds. Finally, we conclude with a future research agenda for environmental finance.
Original languageEnglish
Article number121639
Pages (from-to)1-17
Number of pages17
JournalTechnological Forecasting and Social Change
Volume179
DOIs
Publication statusPublished - Jun 2022

Bibliographical note

© 2022 The Author(s). Published by Elsevier Inc. Version archived for private and non-commercial use with the permission of the author/s and according to publisher conditions. For further rights please contact the publisher.

Keywords

  • Environmental finance
  • Bibliometric analysis
  • Interdisciplinary research
  • CiteSpace
  • Research agenda

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