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Bibliometric Analysis of Green Finance and Climate Change in Post-Paris Agreement Era

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  • Martin Kamau Muchiri

    (Doctoral School of Economics and Regional Sciences, Hungarian University of Agriculture and Life Sciences, Páter Károly u. 1., 2100 Gödöllo, Hungary)

  • Szilvia Erdei-Gally

    (Institute of Technology, Hungarian University of Agriculture and Life Sciences, Páter Károly u. 1., 2100 Gödöllo, Hungary)

  • Mária Fekete-Farkas

    (Institute of Agricultural and Food Economics, Hungarian University of Agriculture and Life Sciences, Páter Károly u. 1., 2100 Gödöllo, Hungary)

  • Zoltán Lakner

    (Institute of Agricultural and Food Economics, Hungarian University of Agriculture and Life Sciences, Páter Károly u. 1., 2100 Gödöllo, Hungary)

Abstract

Climate change is undeniably one of the long-term challenges confronting humanity across the globe. Various nations have taken initiatives that help reduce greenhouse gas emissions to the environment as well as accelerate financial flows to clean and sustainable projects. The paper provides an overview of green finance after the Paris Agreement by adopting a bibliometric analysis of the selected literature. The study reviewed the literature from the Web of Science database between 2015 and 2022. Data cleaning, formatting, and analysis was performed using VOSviewer and R-studio. Our study indicates increased scholarly interest on the issue of green financing. Most scientific research has been published in climate policy and sustainability journals but lacks mainstream interest in economic and finance journals. Based on our results, it is recommended that further studies on green financing be carried out from the economic and financial perspective using quantitative approaches to supplement the existing literature and provide a wider view to policy makers and regulators.

Suggested Citation

  • Martin Kamau Muchiri & Szilvia Erdei-Gally & Mária Fekete-Farkas & Zoltán Lakner, 2022. "Bibliometric Analysis of Green Finance and Climate Change in Post-Paris Agreement Era," JRFM, MDPI, vol. 15(12), pages 1-13, November.
    • Handle: RePEc:gam:jjrfmx:v:15:y:2022:i:12:p:561-:d:987250
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    References listed on IDEAS

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    1. Saeed, Tareq & Bouri, Elie & Alsulami, Hamed, 2021. "Extreme return connectedness and its determinants between clean/green and dirty energy investments," Energy Economics, Elsevier, vol. 96(C).
    2. Abbasi, Kashif Raza & Hussain, Khadim & Redulescu, Magdalena & Ozturk, Ilhan, 2021. "Does natural resources depletion and economic growth achieve the carbon neutrality target of the UK? A way forward towards sustainable development," Resources Policy, Elsevier, vol. 74(C).
    3. Huy Pham & Van Nguyen & Vikash Ramiah & Kashif Saleem & Nisreen Moosa, 2019. "The effects of the Paris climate agreement on stock markets: evidence from the German stock market," Applied Economics, Taylor & Francis Journals, vol. 51(57), pages 6068-6075, December.
    4. Thomas B. Long & Vincent Blok, 2021. "Niche level investment challenges for European Green Deal financing in Europe: lessons from and for the agri-food climate transition," Palgrave Communications, Palgrave Macmillan, vol. 8(1), pages 1-9, December.
    5. Nomhle Ngwenya & Mulala Danny Simatele, 2020. "Unbundling of the green bond market in the economic hubs of Africa: Case study of Kenya, Nigeria and South Africa," Development Southern Africa, Taylor & Francis Journals, vol. 37(6), pages 888-903, November.
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    Cited by:

    1. Qadri, Hussain Mohi ud Din & Ali, Hassnian & Abideen, Zain ul & Jafar, Ahmad, 2024. "Mapping the Evolution of Green Finance Research and Development in Emerging Green Economies," Resources Policy, Elsevier, vol. 91(C).
    2. Oluwakemi Rachael Adeleye & Maria Lourdes Ordoñez Olivo & Tibor Farkas, 2024. "A Bibliometric Analysis of Women’s Empowerment Studies Post Sustainable Development Goal Adoption Periods (2015–2022)," Sustainability, MDPI, vol. 16(4), pages 1-15, February.
    3. Bod, Péter Ákos & Neszmélyi, György Iván, 2024. "A nyugat-balkáni térség és az euróövezet "nem szokványos" kiterjesztése [The Western Balkans and the unconventional" expansion of the euro area]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 807-832.
    4. Raymond Kwong & Man Lung Jonathan Kwok & Helen S. M. Wong, 2023. "Green FinTech Innovation as a Future Research Direction: A Bibliometric Analysis on Green Finance and FinTech," Sustainability, MDPI, vol. 15(20), pages 1-27, October.

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