A bibliometric analysis on climate finance: current status and future directions

Abstract

Since the adoption of the Paris Agreement in 2015, different countries have implemented various measures to achieve climate governance. This has attracted significant attention from the academic community, resulting in a rapid increase in climate finance literature. This study conducts bibliometric analysis and systematic review to identify the development trends and research hotspots in the field of climate finance. The empirical findings reveal that climate finance research primarily focuses on environmental science, energy fuels, economics, and finance. However, there is limited coverage of climate finance content in finance journals. Moreover, scholars in developing countries show less interest in climate finance compared to them in developed countries, and there is limited cross-regional collaboration among scholars from developing countries. Finally, this paper analyzes clustering results to identify and categorize the focal areas dispersed across research articles, and provides future directions for the advancement of climate finance.