YEŞİL FİNANS YAZINININ MEVCUT DURUMU VE GELECEĞİ: BİBLİYOMETRİK BİR ANALİZ

Yıl 2024, Cilt: 19 Sayı: 62, 79 – 112, 30.07.2024

https://doi.org/10.14783/maruoneri.1440257

Öz

Politika yapıcıların, hükümetlerin ve düzenleyici kuruluşların iklim değişikliği, küresel ısınma, enerji verimliliği ve sürdürülebilirlik konularına yönelik artan ilgisi, yeşil finans uygulamalarının incelenmesi ihtiyacını da artırmıştır. Bu çalışma, bibliyometrik analiz yoluyla yeşil finansın mevcut durumu ve gelecekteki yönleri hakkında kapsamlı bir analiz sunmayı amaçlamaktadır. Bu çalışmada Web of Science veri tabanından 1705 yeşil finans literatürü alınmıştır. Analiz için, yeşil finansın farklı bibliyometrik boyutlarını belirlemek amacıyla VOSviewer programı kullanılmıştır. Analizlerin sonucunda, yeşil finans alanının hızlı bir gelişme gösterdiği ve Çin’in kapsamlı gücü ile ilk sırada yer aldığı görülmüştür. Bu alandaki makaleler çoğunlukla Çin, Pakistan ve İngiltere’de olup; Türkiye 13. sırada yer almaktadır. İşbirliklerine bakıldığında konunun disiplinler arası ve küresel bağlamda ele alındığı görülmüştür. Anahtar kelimelerin analizine göre, “yeşil finans, “Çin”, “sürüdürülebilir büyüme”, “yenilebilir enerji” ve “yeşil tahvil” en çok kullanılan anahtar kelimelerdir.

Anahtar Kelimeler

Yeşil Finans, Bibliyometrik Analiz, Web of Science, VOSviewer

Kaynakça

  • AlMenhali, A., & Nobanee, H. (2021). Green finance: concept and applications. 29 Ocak 2024 tarihinde https://www.researchgate.net/publication/354371962_Green_Finance_Concept_and_Applications adresinden alındı
  • Al-Sheryani, K., & Nobanee, H. (2020, 15 Şubat). Green finance: A mini-review. 19 Ocak 2024 tarihinde SSRN: https://ssrn.com/abstract=3538696 or http://dx.doi.org/10.2139/ssrn.3538696 adresinden alındı
  • Appio, F. P., Cesaroni, F., & Di Minin, A. (2014). Visualizing the structure and bridges of the intellectual property management and strategy literature: a document co-citation analysis. Scientometrics, 101(1), 623–661. doi:10.1007/s11192-014-1329-0.
  • Baker, D. (1990). Citation analysis: A methodological review. Social Work Research and Abstracts , 26(3), 3–10. doi:10.1093/swra/26.3.3.
  • Berensmann, K., & Lindenberg, N. (2016). Green finance: Actors, challenges and policy recommendations (Briefing Paper 23/2016). Germany: German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE).
  • Bhatnagar, S., & Sharma, D. (2022). Evolution of green finance and its enablers: A bibliometric analysis. Renewable and Sustainable Energy Reviews, 162(4), 1-10. doi: 10.1016/j.rser.2022.112405.
  • Bhatnagar, S., Sharma, D., & Agrawal, S. (2021). Can Industry 4.0 revolutionize the wave of green finance adoption: A bibliometric analysis. Agrawal, R., Jain, J.K., Yadav, V.S., Manupati,V.K. & Varela, L. (Ed.). Recent Advances in Smart Manufacturing and Materials Lecture Notes in Mechanical Engineering (s.s. 515-525). Singapore: Springer. doi: 10.1007/978-981-16-3033-0.
  • Cai, R., & Guo, J. (2021). Finance for the environment: A scientometrics analysis of green finance. Mathematics, 9, 1-15. doi: 10.3390/math9131537.
  • Carchiolo, V., Grassia, M., Malgeri, M., & Mangioni, G. (2022). Co-authorship networks analysis to discover collaboration patterns among Italian researchers. Future Internet, 14(187), 1-15. doi: 10.3390/fi14060187.
  • Cobo, M., Lopez-Herrera, A., Herrera-Viedma, E., & Herrera, F. (2011). Science Mapping Software Tools: Review, Analysis, and Cooperative Study Among Tools. Journal of the American Society for Information Science and Technology, 62(7), 1382-1402. doi:10.1002/asi.21525
  • Cui, Y. (2017). Analyzing green finance incentives: an empirical study of the Chinese banking sector. (Yayınlanmamış Yükseklisans Tezi). University of Waterloo Sustainability Management, Waterloo, Ontario, Canada.
  • Damar, M., & Aydın, Ö. (2023). Kavramsal Olarak Bibliyometri, Bilimetri, Bilimsel Performans Analizi – Bilimsel Haritalama ve Bibliyometrik Veri Tabanları. K. Tüğen, & E. Kızıltaş Uzunali içinde, Disiplinlerarası Akademik Araştırmalar III: Gıda Üretimi, Gıda Güvenliği, İşgücü Piyasası, Yönetim Muhasebesi ve Bilgi Teknolojilerindeki Gelişmeler (s. 84-109). Ankara: Iksad Publications.
  • Debrah, C., Darko, A., & Chan, A. (2023). A bibliometric qualitative literature review of green finance gap and future research directions. Climate and Development, 15(5), 432-455. doi: 10.1080/17565529.2022.2095331.
  • Donthu, N., Kumar, S., Mukherjee, D., Pandey, N., & Lim, W. M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133, 285-296. doi: 10.1016/j.jbusres.2021.04.070.
  • ESCARUS. (2018). Dönüşen Dünyada Fırsatları Yakalamak: Sürdürülebilir Finans Görünümü 2018. 20 Ekim 2023 tarihinde https://www.escarus.com/i/content/302_2_S%C3%BCrd%C3%BCr%C3%BClebilir%20Finans%20G%C3%B6r%C3%BCn%C3%BCm%C3%BC%202018.pdf adresinden alındı
  • Fonseca, B. d., Sampaio, R. B., Fonseca, M. V., & Zicker, F. (2016). Co-authorship network analysis in health research: method and potential use. Health Research Policy and Systems, 14(34), 1-10. doi: 10.1186/s12961-016-0104-5.
  • Gutiérrez-Salcedo, M., Martínez, M., Moral-Muñoz, J., Herrera-Viedma, E., & Cobo, M. (2018). Some bibliometric procedures for analyzing and evaluating research fields. Applied intelligence, 48(5), 1275-1287. doi:10.1007/s10489-017-1105-y.
  • Gülmez, D., Özteke, İ., & Gümüş, S. (2021). Uluslararası dergilerde yayımlanan Türkiye kaynaklı eğitim araştırmalarının genel görünümü: Bibliyometrik analiz. Eğitim ve Bilim, 46(206), 213-239. doi:10.15390/EB.2020.9317.
  • Höhne, N., Khosla, S., Fekete, H., & Gilbert, A. (2012). Mapping of green finance delivered by IDFC members in 2011 (Project number: CLIDE12246). Cologne Germany: Ecofys.
  • Hafner, S., Jones, A., Anger-Kraavi, A., & Pohl, J. (2020). Closing the green finance gap – A systems perspective. Environmental Innovation and Societal Transitions, 34, 26-60.
  • He, L., Liu, R., Zhong, Z., Wang, D., & Xia, Y. (2019). Can green financial development promote renewable energy investment efficiency? A consideration of bank credit. Renewable Energy , 143, 974-984. doi: 10.1016/j.renene.2019.05.059.
  • Hjørland, B. (2013). Citation analysis: A social and dynamic approach to knowledge organization. Information Processing and Management, 49, 1313–1325. doi: 10.1016/j.ipm.2013.07.001.
  • Huang, X., Yang, Z., Zhang, J., Wang, R., Fan, J., Zhang, H., . . . Huang, H. (2022). Bibliometric analysis based on Web of Science: current perspectives and potential trends of SMAD7 in oncology. Frontiers in Cell and Developmental Biology, 9, 1-14. doi: 10.3389/fcell.2021.712732.
  • IFC. (2013). Mobilizing Public and Private Funds for Inclusive Green Growth Investment in Developing Countries – An Expanded Stocktaking Report Prepared for the G20 Development Working Group. IFC Climate Business Department.
  • Irfan, M., Razzaq, A., Sharif, A., & Yang, X. (2022). Influence mechanism between green finance and green innovation: Exploring regional policy intervention effects in China. Technological Forecasting and Social Change, 182, 121882. doi: 10.1016/j.techfore.2022.121882.
  • ISO. (2022). Green and Sustainable Finance. Geneva, Switzerland: ISO Central Secretariat.
  • Jarneving, B. (2005). A Comparison of Two Bibliometric Methods for Mapping of the Research Front. Scientometrics, 65(2), 245-263. doi:10.1007/s11192-005-0270-7
  • Khan, M., Riaz, H., Ahmed, M., & Saeed, A. (2022). Does green finance really deliver what is expected? An empirical perspective. Borsa Istanbul Review, 22(3), 586-593.
  • Klioutchnikov, I., & Kliuchnikov, O. (2021). Green finance: Pandemic and climate change. E3S Web of Conferences, 234(42), 1-5. doi: 10.1051/e3sconf/202123400042.
  • Kumar, S. (2015). Co-authorship networks: a review of the literature. Aslib Journal of Information Management, 67(1), 55-73. doi: 10.1108/AJIM-09-2014-0116 .
  • Kwong, R., Kwok, M. L., & Wong, H. (2023). Green fintech as a future research direction: A bibliometric analysis on green finance and fintech. Sustainability, 15(20), 14683. doi: 10.3390/su152014683.
  • Le, T.-H., Le, H.-C., & Taghizadeh-Hesary, F. (2020). Does financial inclusion impact CO2 emissions? Evidence from Asia. Finance Research Letters, 34, 101451. doi: 10.1016/j.frl.2020.101451.
  • Lee, C.-C., & Lee, C.-C. (2022). How does green finance affect green total factor productivity? Evidence from China. Energy Economics Volume, 107, 105863. doi: 10.1016/j.eneco.2022.105863.
  • Lindenberg, N. (2014, April). Definition of Green Finance. 18 Ocak 2024 tarihinde Convention on Biological Diversity: https://www.cbd.int/financial/gcf/definition-greenfinance.pdf adresinden alındı
  • Meo, M., & Karim, M. (2022). The role of green finance in reducing CO2 emissions: An empirical analysis. Borsa Istanbul Review, 22, 169-178. doi:10.1016/j.bir.2021.03.002
  • Mohanty, S., Nanda, S. S., Soubhari, T., Vishnu, N., Biswal, S., & Patnaik, S. (2023). Emerging research trends in green finance: A bibliometric overview. Journal of Risk and Financial Management, 16(108), 1-17. doi: 10.3390/jrfm16020108.
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CURRENT STATUS AND FUTURE OF GREEN FINANCE LITERATURE: A BIBLIOMETRIC ANALYSIS

Yıl 2024, Cilt: 19 Sayı: 62, 79 – 112, 30.07.2024

https://doi.org/10.14783/maruoneri.1440257

Öz

The growing interest of policymakers, governments, and regulatory institutions towards climate change, global warming, energy efficiency, and sustainability has increased the need to examine green finance implementations. The study aims to provide a comprehensive analysis of the current status and future directions of green finance through bibliometric analysis. 1705 green finance studies from the literature were taken from the Web of Science database. The VOSviewer program was used for the analysis to determine different bibliometric dimensions of green finance. As a result of the analysis, it was found out that the field of green finance has been developing rapidly, and China ranks first with its comprehensive power. Papers published in this field are mostly from China, Pakistan, and England; Türkiye ranks 13th. When examining the collaborations, it was seen that the issue was addressed in an interdisciplinary and global context. According to the analysis of keywords, “green finance”, “China”, “sustainable growth”, “renewable energy” and “green bond” are the most used keywords.

Anahtar Kelimeler

Green Finance, Bibliometric Analysis, Web of Science, VOSviewer

Kaynakça

  • AlMenhali, A., & Nobanee, H. (2021). Green finance: concept and applications. 29 Ocak 2024 tarihinde https://www.researchgate.net/publication/354371962_Green_Finance_Concept_and_Applications adresinden alındı
  • Al-Sheryani, K., & Nobanee, H. (2020, 15 Şubat). Green finance: A mini-review. 19 Ocak 2024 tarihinde SSRN: https://ssrn.com/abstract=3538696 or http://dx.doi.org/10.2139/ssrn.3538696 adresinden alındı
  • Appio, F. P., Cesaroni, F., & Di Minin, A. (2014). Visualizing the structure and bridges of the intellectual property management and strategy literature: a document co-citation analysis. Scientometrics, 101(1), 623–661. doi:10.1007/s11192-014-1329-0.
  • Baker, D. (1990). Citation analysis: A methodological review. Social Work Research and Abstracts , 26(3), 3–10. doi:10.1093/swra/26.3.3.
  • Berensmann, K., & Lindenberg, N. (2016). Green finance: Actors, challenges and policy recommendations (Briefing Paper 23/2016). Germany: German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE).
  • Bhatnagar, S., & Sharma, D. (2022). Evolution of green finance and its enablers: A bibliometric analysis. Renewable and Sustainable Energy Reviews, 162(4), 1-10. doi: 10.1016/j.rser.2022.112405.
  • Bhatnagar, S., Sharma, D., & Agrawal, S. (2021). Can Industry 4.0 revolutionize the wave of green finance adoption: A bibliometric analysis. Agrawal, R., Jain, J.K., Yadav, V.S., Manupati,V.K. & Varela, L. (Ed.). Recent Advances in Smart Manufacturing and Materials Lecture Notes in Mechanical Engineering (s.s. 515-525). Singapore: Springer. doi: 10.1007/978-981-16-3033-0.
  • Cai, R., & Guo, J. (2021). Finance for the environment: A scientometrics analysis of green finance. Mathematics, 9, 1-15. doi: 10.3390/math9131537.
  • Carchiolo, V., Grassia, M., Malgeri, M., & Mangioni, G. (2022). Co-authorship networks analysis to discover collaboration patterns among Italian researchers. Future Internet, 14(187), 1-15. doi: 10.3390/fi14060187.
  • Cobo, M., Lopez-Herrera, A., Herrera-Viedma, E., & Herrera, F. (2011). Science Mapping Software Tools: Review, Analysis, and Cooperative Study Among Tools. Journal of the American Society for Information Science and Technology, 62(7), 1382-1402. doi:10.1002/asi.21525
  • Cui, Y. (2017). Analyzing green finance incentives: an empirical study of the Chinese banking sector. (Yayınlanmamış Yükseklisans Tezi). University of Waterloo Sustainability Management, Waterloo, Ontario, Canada.
  • Damar, M., & Aydın, Ö. (2023). Kavramsal Olarak Bibliyometri, Bilimetri, Bilimsel Performans Analizi – Bilimsel Haritalama ve Bibliyometrik Veri Tabanları. K. Tüğen, & E. Kızıltaş Uzunali içinde, Disiplinlerarası Akademik Araştırmalar III: Gıda Üretimi, Gıda Güvenliği, İşgücü Piyasası, Yönetim Muhasebesi ve Bilgi Teknolojilerindeki Gelişmeler (s. 84-109). Ankara: Iksad Publications.
  • Debrah, C., Darko, A., & Chan, A. (2023). A bibliometric qualitative literature review of green finance gap and future research directions. Climate and Development, 15(5), 432-455. doi: 10.1080/17565529.2022.2095331.
  • Donthu, N., Kumar, S., Mukherjee, D., Pandey, N., & Lim, W. M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133, 285-296. doi: 10.1016/j.jbusres.2021.04.070.
  • ESCARUS. (2018). Dönüşen Dünyada Fırsatları Yakalamak: Sürdürülebilir Finans Görünümü 2018. 20 Ekim 2023 tarihinde https://www.escarus.com/i/content/302_2_S%C3%BCrd%C3%BCr%C3%BClebilir%20Finans%20G%C3%B6r%C3%BCn%C3%BCm%C3%BC%202018.pdf adresinden alındı
  • Fonseca, B. d., Sampaio, R. B., Fonseca, M. V., & Zicker, F. (2016). Co-authorship network analysis in health research: method and potential use. Health Research Policy and Systems, 14(34), 1-10. doi: 10.1186/s12961-016-0104-5.
  • Gutiérrez-Salcedo, M., Martínez, M., Moral-Muñoz, J., Herrera-Viedma, E., & Cobo, M. (2018). Some bibliometric procedures for analyzing and evaluating research fields. Applied intelligence, 48(5), 1275-1287. doi:10.1007/s10489-017-1105-y.
  • Gülmez, D., Özteke, İ., & Gümüş, S. (2021). Uluslararası dergilerde yayımlanan Türkiye kaynaklı eğitim araştırmalarının genel görünümü: Bibliyometrik analiz. Eğitim ve Bilim, 46(206), 213-239. doi:10.15390/EB.2020.9317.
  • Höhne, N., Khosla, S., Fekete, H., & Gilbert, A. (2012). Mapping of green finance delivered by IDFC members in 2011 (Project number: CLIDE12246). Cologne Germany: Ecofys.
  • Hafner, S., Jones, A., Anger-Kraavi, A., & Pohl, J. (2020). Closing the green finance gap – A systems perspective. Environmental Innovation and Societal Transitions, 34, 26-60.
  • He, L., Liu, R., Zhong, Z., Wang, D., & Xia, Y. (2019). Can green financial development promote renewable energy investment efficiency? A consideration of bank credit. Renewable Energy , 143, 974-984. doi: 10.1016/j.renene.2019.05.059.
  • Hjørland, B. (2013). Citation analysis: A social and dynamic approach to knowledge organization. Information Processing and Management, 49, 1313–1325. doi: 10.1016/j.ipm.2013.07.001.
  • Huang, X., Yang, Z., Zhang, J., Wang, R., Fan, J., Zhang, H., . . . Huang, H. (2022). Bibliometric analysis based on Web of Science: current perspectives and potential trends of SMAD7 in oncology. Frontiers in Cell and Developmental Biology, 9, 1-14. doi: 10.3389/fcell.2021.712732.
  • IFC. (2013). Mobilizing Public and Private Funds for Inclusive Green Growth Investment in Developing Countries – An Expanded Stocktaking Report Prepared for the G20 Development Working Group. IFC Climate Business Department.
  • Irfan, M., Razzaq, A., Sharif, A., & Yang, X. (2022). Influence mechanism between green finance and green innovation: Exploring regional policy intervention effects in China. Technological Forecasting and Social Change, 182, 121882. doi: 10.1016/j.techfore.2022.121882.
  • ISO. (2022). Green and Sustainable Finance. Geneva, Switzerland: ISO Central Secretariat.
  • Jarneving, B. (2005). A Comparison of Two Bibliometric Methods for Mapping of the Research Front. Scientometrics, 65(2), 245-263. doi:10.1007/s11192-005-0270-7
  • Khan, M., Riaz, H., Ahmed, M., & Saeed, A. (2022). Does green finance really deliver what is expected? An empirical perspective. Borsa Istanbul Review, 22(3), 586-593.
  • Klioutchnikov, I., & Kliuchnikov, O. (2021). Green finance: Pandemic and climate change. E3S Web of Conferences, 234(42), 1-5. doi: 10.1051/e3sconf/202123400042.
  • Kumar, S. (2015). Co-authorship networks: a review of the literature. Aslib Journal of Information Management, 67(1), 55-73. doi: 10.1108/AJIM-09-2014-0116 .
  • Kwong, R., Kwok, M. L., & Wong, H. (2023). Green fintech as a future research direction: A bibliometric analysis on green finance and fintech. Sustainability, 15(20), 14683. doi: 10.3390/su152014683.
  • Le, T.-H., Le, H.-C., & Taghizadeh-Hesary, F. (2020). Does financial inclusion impact CO2 emissions? Evidence from Asia. Finance Research Letters, 34, 101451. doi: 10.1016/j.frl.2020.101451.
  • Lee, C.-C., & Lee, C.-C. (2022). How does green finance affect green total factor productivity? Evidence from China. Energy Economics Volume, 107, 105863. doi: 10.1016/j.eneco.2022.105863.
  • Lindenberg, N. (2014, April). Definition of Green Finance. 18 Ocak 2024 tarihinde Convention on Biological Diversity: https://www.cbd.int/financial/gcf/definition-greenfinance.pdf adresinden alındı
  • Meo, M., & Karim, M. (2022). The role of green finance in reducing CO2 emissions: An empirical analysis. Borsa Istanbul Review, 22, 169-178. doi:10.1016/j.bir.2021.03.002
  • Mohanty, S., Nanda, S. S., Soubhari, T., Vishnu, N., Biswal, S., & Patnaik, S. (2023). Emerging research trends in green finance: A bibliometric overview. Journal of Risk and Financial Management, 16(108), 1-17. doi: 10.3390/jrfm16020108.
  • Muchiri, M. K., Erdei-Gally, S., Fekete-Farkas, M., & Lakner, Z. (2022). Bibliometric analysis of green finance and climate change in post-Paris Agreement Era. Journal of Risk and Financial Management, 15 (561), 1-13. doi: 10.3390/ jrfm15120561.
  • Nawaz, M., Seshadri, U., Kumar, P., Aqdas, R., & Patwary, A. (2021). Nexus between green finance and fclimate change mitigation in N-11 and BRICS countries: empirical estimation through difference in differences (DID) approach. Environmental Science and Pollution Research, 28, 6504-6519.
  • Nicholls, A. (2021). Sustainable finance: a primer and recent developments. Asian Development Outlook.
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  • Rapi, K., Maisarah, S., Rambe, S., Chandra, W., & Rahmana, A. (2021). Green finance for the era of post COVID-19: A systematic literature . Advances in Economics, Business and Management Research, 198, 190-195.
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Toplam 62 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Çevre ve İklim Finansmanı, Finans
BölümMakale Başvuru
Yazarlar

Funda Çevirgen ISPARTA UYGULAMALI BİLİMLER ÜNİVERSİTESİ, LİSANSÜSTÜ EĞİTİM ENSTİTÜSÜ, ULUSLARARASI TİCARET VE İŞLETMECİLİK (YL) (TEZLİ) 0009-0008-1596-2882 Türkiye

Eylem Bayrakçı ISPARTA UYGULAMALI BİLİMLER ÜNİVERSİTESİ, YALVAÇ BÜYÜKKUTLU UYGULAMALI BİLİMLER YÜKSEKOKULU 0000-0001-8006-9160 Türkiye

Erken Görünüm Tarihi29 Temmuz 2024
Yayımlanma Tarihi30 Temmuz 2024
Gönderilme Tarihi20 Şubat 2024
Kabul Tarihi12 Temmuz 2024
Yayımlandığı Sayı Yıl 2024 Cilt: 19 Sayı: 62

Kaynak Göster

APAÇevirgen, F., & Bayrakçı, E. (2024). YEŞİL FİNANS YAZINININ MEVCUT DURUMU VE GELECEĞİ: BİBLİYOMETRİK BİR ANALİZ. Öneri Dergisi, 19(62), 79-112. https://doi.org/10.14783/maruoneri.1440257

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