Green Finance in The Modern Economy: A Bibliometric Exploration of Its Role

Abstract

Introduction: This Bibliometric Study explores the role of Green Finance in the Modern Economy. This study shows that Modern Economy shifts to a low carbon economy. The purpose of this study “Green Finance in the Modern Economy: A bibliometric exploration of its role”, to review the literature that has already been published on green finance as well as how it contributes to the Modern Economy.

Objectives: This bibliometric study aims to review study on role of Green Finance in order to identify the research trends and areas of Green Finance with the help of Scopus Database and Vos Viewer over a period of 10 years, from 2014 to 2024

Method:  The Methodology of this bibliometric review paper involves research design, data collection, processing & analysing of data, network visualization and finding of the result. This research relies on a comprehensive approach which involves collecting data from Academic database- Scopus by applying a keyword-based searching method. After bibliographic information has been retrieved and purified, an in-depth analysis is performed which involves co-occurrence of keyword, citation analysis, co-occurrence of author keywords, co-authorship analysis of countries, contribution of Green Finance Nation-wise analysis. The bibliometric analysis shows a significant rise in the publications related to Green Finance and its importance over the last ten years.

Results-: The Developments and trends in the Green Finance research are systematically explored in this study using bibliometric techniques. Using this technique, the literature provides a quantitative and qualitative summary that reveals significant research areas, famous publications and trends in the published work. The study determines geographical developments and focuses on the sequential growth of the green finance research. This novelty helps more to understand how different parts of the Nation are adopting and contributing to Green Finance along with the point of view has shifted over the years.

Conclusion: This bibliometric study highlights the increasing reputation of green finance in the modern economy, especially as nations aim for sustainable development in the face of crucial ecological issues