Finance for the Environment: A Scientometrics Analysis of Green Finance

Abstract

To protect environmental sustainability, organizations are moving their focus towards greening the business process. Similarly to any other business function, financial management has also turned to environmentally friendly activities. Green finance is a new financial pattern that integrates environmental protection and economic profits. This paper analyses the publications on green finance, and their intellectual structure and networking. The bibliometric data on green finance research have been extracted from the Scopus database. This study finds the most productive countries, universities, authors, journals, and most prolific publications in green finance, through examining the published works. Also, the study visualizes the intellectual network by mapping bibliographic coupling (BC) and co-citation. The study’s essential contribution is the analysis of green finance developments and trajectories that can help scholars and practitioners to appreciate the trend and future studies.

An Empirical Test of Low-Carbon and Sustainable Financing’s Spatial Spillover Effect

“…Ma [5] concluded that low-carbon and sustainable financing requires the financial industry to carry out financial services that are based on the basic principles of environmental protection and sustainable development. Cai et al [6] concluded that green finance is a new financial pattern that integrates environmental protection and economic profits. It analysed the publications on green finance, and their intellectual structure and networking.…”

“…This is consistent with the crowding-out effect that is caused by "market squeeze." (6) The coefficient of education level is negative and significant, which means that the education level's spatial impact is manifested as a spatial crowding-out effect. Provinces compete to attract outstanding talents to form migration and competition of labor capital in neighboring provinces.…”

Green supply chain management/green finance: a bibliometric analysis of the last twenty years by using the Scopus database

“…Moreover, after the industrial revolution, due to the inventions of new technologies, and the reduction in natural resources and energy, many negative impacts have been grown on the environment (Ture and Ganesh 2018 ; Whitburn et al 2020 ; Cai and Guo 2021 ). Subsequently, many environmental issues have arisen, which make sure to remain focused on societal and human development without hurting the ecosystem (Whitburn et al 2020 ; Raza et al 2021 ).…”

“…Policymakers and professionals are nowadays taking interest in environmental sustainability; however, organizations understand the gravity of environmental issues and try to indulge themselves in “green practices” which then become the main objective of every organization. Practitioners are focusing on green practices, and green finance is one of the green practices Cai and Guo ( 2021 ) that are part of the main green supply chain management. There is a vast growth has been seen in green finance over the last few years (Fig.…”

Contribution of the Optimization of Financial Structure to the Real Economy: Evidence from China’s Financial System Using TVP-VAR Model

“…A review of relevant literature shows that some scholars support the financial market-led finance structure [12][13][14][15], and some scholars support the bank-led finance structure [16][17][18][19]. Some scholars believe that a sound financial market environment and perfect laws and regulations are the premise for finance to play an effective role [20][21][22][23][24][25][26]. Some scholars focus on the impact of digital finance on economic growth [27,28], some on the impact of financial intermediation on the real sector [29], and some on the impact of different financial sectors on the economy [30,31].…”