Ecology, Environment and Conservation Paper

Vol. 29, May. Suppl. Issue 2023; Page No.(S263-S276)

GREEN FINANCING AN IMMEDIATE NEED FOR SUSTAINABLE DEVELOPMENT: A SYSTEMATIC LITERATURE REVIEW USING BIBLIOMETRIC ANALYSIS

Rahul Kumar, Atul Bansal, Aliza and Mayank Goel

Abstract

Green financing has been gaining popularity over the recent years. This term is used for the arrangement of funds or financing of environmental and sustainable development related projects. Green financing is emerging as a public policy instrument, and numerous research articles have been published in the last decade on green financing and sustainable development. The goal of this paper is to examine the evolution of green financing or sustainable finance, as well as the trend of research topics, using a systematic literature review. To achieve the study’s objectives, we conducted bibliometric analysis (keyword co-occurrence, cocitation authors, and source analysis), and data were collected from the SCOPUS database and analysed for articles published between 2010 and 2022. We used Vosviewer and R-Biblioshiny software for this purpose and found some key literature and prospective research areas on green financing. At last we concluded our study with some broader areas of green financing related to sustainable development, identifying research gaps and future directions.