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Sustainable Finance and Green Bonds

Sustainable Finance and Green Bonds is a research topic within Finance. Science Explorer counts 7.2k research works in it since 1961. 26.7% of them reached the world's top 10% most cited for their field and year.

This cluster of papers explores the impact of green bonds on climate finance, financial stability, and the transition to a low-carbon economy. It investigates the pricing of green bonds, their influence on corporate performance, and their role in financing sustainable development. The cluster also delves into the implications for monetary policy and the management of climate risks in the financial system.

  • Green Bonds
  • Climate Finance
  • Financial Stability
  • Monetary Policy
  • Sustainable Development
  • Climate Risks
  • Bond Pricing
  • Investment
  • Corporate Performance
  • Transition to Low-Carbon Economy
Research works
7.2k
fractional, since 1961
In the world top 10%
1.9k
per year above
Top-10% rate
26.7%
share of its works in the world top 10%
Growth, 2013–17 → 2018–22
+405%
the tick is no change

Which countries lead Sustainable Finance and Green Bonds research?

By volume, China and the United States publish the most (704 and 342 works in 2022–2025).

By volume, 2022–2025

  1. 1 China 704 works
  2. 2 United States 342 works
  3. 3 India 338 works
  4. 4 Indonesia 313 works
  5. 5 United Kingdom 194 works
  6. 6 Russia 170 works
  7. 7 Italy 160 works
  8. 8 France 118 works
  9. 9 Germany 115 works
  10. 10 Türkiye 77 works

How concentrated that is

The same countries as shares of everything the list above accounts for. A node where two countries do two thirds of the work and one spread evenly across twelve read alike as a ranking and not at all alike here.

China: 27.8%United States: 13.5%India: 13.4%Indonesia: 12.3%6 others listed: 33.0%28%largest
China704 · 27.8%United States342 · 13.5%India338 · 13.4%Indonesia313 · 12.3%6 others listed834 · 33.0%

Shares of the rows listed above, not of the whole node.

Which institutions lead Sustainable Finance and Green Bonds research?

By volume in 2022–2025, Financial University publishes the most Sustainable Finance and Green Bonds research, followed by University of Indonesia and Christ University.

By volume, 2022–2025

  1. 1 Financial UniversityRussia 27 works
  2. 2 University of IndonesiaIndonesia 19 works
  3. 3 Christ UniversityIndia 17 works
  4. 4 Columbia UniversityUnited States 17 works
  5. 5 Bank of ItalyItaly 13 works
  6. 6 Bucharest University of Economic StudiesRomania 13 works
  7. 7 University of DelhiIndia 12 works
  8. 8 Moscow State Institute of International RelationsRussia 12 works
  9. 9 Southwestern University of Finance and EconomicsChina 11 works
  10. 10 Government of RussiaRussia 11 works

Where is Sustainable Finance and Green Bonds research done?

The largest centres of Sustainable Finance and Green Bonds research in 2022–2025 are Beijing (China), Moscow (Russia), London (United Kingdom) and Jakarta (Indonesia). Among places with at least 20 works in it, it is an unusually large share of all research in Frankfurt am Main and Ho Chi Minh City.

Largest cities, 2022–2025

  1. 1 Beijing China 125 works
  2. 2 Moscow Russia 107 works
  3. 3 London United Kingdom 58 works
  4. 4 Jakarta Indonesia 57 works
  5. 5 Nanjing China 56 works
  6. 6 Shanghai China 49 works
  7. 7 Rome Italy 44 works
  8. 8 New York United States 44 works
  9. 9 Wuhan China 42 works
  10. 10 Chengdu China 37 works

Where it is the local speciality

  1. Frankfurt am MainDE · 20.7 works6.5×
  2. Ho Chi Minh CityVN · 21.7 works4.2×
← less than its size predicts1×more →

Location quotient: how much more of its research is in Sustainable Finance and Green Bonds than the world average.

See Sustainable Finance and Green Bonds on the map

Where is the best place to study Sustainable Finance and Green Bonds?

Among universities, judged by research, Southwestern University of Finance and Economics, Central University of Finance and Economics and Capital University of Economics and Business score highest, combining excellence, specialisation, size, growth and international reach. Research strength is one signal when choosing where to study; it does not measure teaching.

0%25%50%75%mean 36.5%fractional works in this node (log) →share in the world top 10% →Southwestern University of Finance and Economics: 11, 64.3%Central University of Finance and Economics: 11, 53.7%Capital University of Economics and Business: 10, 45.7%Financial University: 27, 11.4%Zhongnan University of Economics and Law: 9, 45.5%Bucharest University of Economic Studies: 13, 33.9%Christ University: 17, 19.9%Anhui University of Finance and Economics: 10, 38.7%Moscow State Institute of International Relations: 12, 28.0%Northern University of Malaysia: 10, 23.9%Southwestern Univers…Central University o…Capital University o…Financial University
above the meannear itbelow it

One dot per university in the table below. The upper left is the interesting corner: small places doing unusually strong work.

#UniversityScoreTop 10%SpecialisationWorksGrowth
1 Southwestern University of Finance and EconomicsChina 70.264.3%20.4×11 —
2 Central University of Finance and EconomicsChina 63.153.7%24.1×11 —
3 Capital University of Economics and BusinessChina 57.145.7%34.5×10 —
4 Financial UniversityRussia 55.611.4%30.9×27 —
5 Zhongnan University of Economics and LawChina 55.645.5%22.0×9 —
6 Bucharest University of Economic StudiesRomania 54.433.9%19.4×13 —
7 Christ UniversityIndia 53.719.9%12.8×17 —
8 Anhui University of Finance and EconomicsChina 51.838.7%18.3×10 —
9 Moscow State Institute of International RelationsRussia 49.728.0%17.4×12 —
10 Northern University of MalaysiaMalaysia 49.323.9%14.3×10 —

Universities only. Score blends excellence (30%), specialisation (25%), size (20%), growth (15%) and international reach (10%), 2015–2022; growth compares 2010–14 with 2015–19.

Is Sustainable Finance and Green Bonds research growing?

Output in 2018–2022 was 405% higher than in 2013–2017, peaking in 2025. The fastest-growing topics are Sustainable Finance and Green Bonds.

19801990200020102020
grewheldshrank

The same series as a ribbon — one cell per year, darker for more. The line above answers how much; this answers when.

Which topics inside it are moving

Growth and decline on one axis around a shared zero. Two lists side by side hide the thing that matters: whether the growth dwarfs the decline, or the other way round.