Green finance development and its origin, motives, and barriers: an exploratory study

Abstract

As global awareness of sustainability significance intensifies, green finance has become a focal point. In response to this trend, our study extensively examines the evolution of green finance, using exploratory methodologies to produce insightful observations. We perform an all-inclusive bibliometric analysis of literature regarding green finance to reveal significant trends and critical contributors to the domain. Further, we explore the historical evolution of green finance, analyzing its fundamental principles, examining the driving factors and obstacles, and forecasting future directions. We attempt to offer a clearer insight into green finance, facilitating decision-making by scholars, industry professionals, and policymakers.