Title: Sustainable finance: a systematic review

Authors: R. Jayaram; Sanjeet Singh

Addresses: Chandigarh University, Pin 140413, India ' CU-Technology Business Incubator, University Center for Research and Development (UCRD), Chandigarh University, Pin 140413, India

Abstract: This research paper presents the systematic review analysis of sustainable finance and the challenges of financing for sustainability. In this systematic review, 181 articles in 110 journals, related to sustainable finance (1999-2019) had been reviewed from the source of Scopus and Web of Science. This review had identified six major sub-themes of climate finance, sustainable banking, impact investment, crowd financing, micro finance, and sustainable asset classes. These researches indicate a major interest shown by academia and industry in sustainable finance. This research had concluded by identifying sub-themes of climate finance; and sustainable banking as the most promising niches for future research in the area of sustainable finance.

Keywords: sustainability; sustainable finance; climate finance; banking; ESG; crowd financing impact finance; micro finance; green bonds; sustainable asset classes.

DOI: 10.1504/IJICBM.2020.110452

International Journal of Indian Culture and Business Management, 2020 Vol.21 No.3, pp.317 - 339

Received: 31 May 2019
Accepted: 26 Jul 2019

Published online: 20 Oct 2020 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article