Sustainable finance research: Review and agenda

IF 2.8 3区 经济学 Q2 BUSINESS, FINANCE
Monica Singhania, Gurmani Chadha, Renuka Prasad
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引用次数: 0

Abstract

Amidst increased climatic disasters, persisting social evils, and governance concerns, sustainable finance and its new and innovative financial instruments have gained prominence across stakeholders globally. Green, social sustainability, sustainability-linked, and transition (collectively GSS+) debt have a market worth USD 3.9 trillion since 2007 (Climate Bonds Initiative, 2018). We provide a comprehensive review of the evolution and future research directions of the sustainable finance research field by analysing overall publication trends, subject categories, co-authorship networks, keywords, countries and institutions, journal co-citation, and cluster analysis. Findings include the emergent need for greater collaboration among authors globally. Future research directions include research questions for themes such as carbon emission trading, financial inclusion, reporting of proceeds related to sustainable finance to prevent greenwashing, the impact of climate change and climate finance on sustainable finance, mobilisation of sustainable finance through green bonds, and technological interactions between sustainable finance and blockchain and artificial intelligence. The study also provides implications for the stakeholders.

可持续金融研究:回顾与议程
在气候灾害增多、社会弊端持续存在、治理问题备受关注的情况下,可持续金融及其新的创新金融工具在全球利益相关者中日益突出。自 2007 年以来,绿色债务、社会可持续性债务、与可持续性挂钩的债务和转型债务(统称为 GSS+)的市场价值已达 3.9 万亿美元(气候债券倡议,2018 年)。我们通过分析总体出版趋势、主题类别、合著网络、关键词、国家和机构、期刊共引和聚类分析,对可持续金融研究领域的演变和未来研究方向进行了全面回顾。研究结果表明,全球作者之间需要加强合作。未来的研究方向包括碳排放交易、普惠金融、报告与可持续金融相关的收益以防止 "洗绿"、气候变化和气候融资对可持续金融的影响、通过绿色债券调动可持续金融以及可持续金融与区块链和人工智能之间的技术互动等主题的研究问题。本研究还为利益相关者提供了启示。
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来源期刊
CiteScore
5.70
自引率
6.90%
发文量
143
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