Work

Mapping Trends in Green Finance: A Bibliometric and Topic Modeling Analysis

Year: 2025

Type: article

Abstract: This study presents a comprehensive bibliometric and topic modeling analysis of the academic literature on green and sustainable finance. Using 1372 peer-reviewed articles indexed in the Web of Science up to 2024, we identify key publication trends, influential authors, prominent journals, and thematic clusters shaping the field. The analysis reveals an exponential growth in publications since 2017 and highlights the dominance of journals such as Journal of Sustainable Finance & Investment and Sustainability. Text mining techniques, including TF-IDF and Latent Dirichlet Allocation (LDA), are applied to abstracts to extract the most relevant terms and classify articles into four latent topics. The findings suggest a growing focus on the impact of green finance on carbon emissions, energy efficiency, and firm performance, particularly in the context of China. This study offers valuable insights for researchers and policymakers by mapping the intellectual structure and identifying emerging research frontiers in the rapidly evolving field of green finance.

Source: International Journal of Financial Studies

DOI: 10.3390/ijfs13030137

Authors: Orlando Joaqui-Barandica, Jesús Heredia-Carroza, Sebastian López-Estrada, Daniela-Tatiana Agheorghiesei

Institutions: Universidad del Valle, Universidad de Sevilla, Pontificia Universidad Javeriana, Alexandru Ioan Cuza University

Language: English

Topic: Sustainable Finance and Green Bonds

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Climate action

Open Access status: gold

Estimated APC paid: $2,172