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Green finance's impact on renewable energy: a comprehensive review and bibliometric analysis

Author

Listed:
  • Ranila Suciati
  • Siti Hidayati
  • Ayunita Ajengtiyas Saputri Mashuri

Abstract

This study examines the link between green finance and renewable energy through a bibliometric analysis of 227 Scopus publications. It identifies the Resources Policy journal as a major information source, noting a 350% surge in articles in 2021 and a 275% decline in 2024. Key research issues include the impact of green finance on renewable energy development and the role of policies in supporting green investments. Current research highlights green finance's potential to foster sustainable renewable energy development and attract private investments. However, variations in findings underscore the need for further research to understand policy impacts and address implementation challenges. Using Scopus data, the analysis tracks trends from 2002 to 2024, showcasing green finance's theoretical contributions and practical implications. Limitations in database selection and analysis methods suggest the need for a more comprehensive approach to fully understand green finance's role in the global energy transition.

Suggested Citation

  • Ranila Suciati & Siti Hidayati & Ayunita Ajengtiyas Saputri Mashuri, 2024. "Green finance's impact on renewable energy: a comprehensive review and bibliometric analysis," International Journal of Green Economics, Inderscience Enterprises Ltd, vol. 18(4), pages 390-409.
    • Handle: RePEc:ids:ijgrec:v:18:y:2024:i:4:p:390-409
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