Green Finance in Emerging Markets: A Systematic Literature Review and Biometric Analysis

This systematic literature review addresses the critical and complex role of green finance in emerging markets. While essential for transitioning to a low-carbon economy, these rapidly industrializing economies face significant challenges, including a multi- trillion-dollar green investment gap, limited ESG data transparency, perceived investment risks, and short-term investor behaviour. This study aims to synthesize the fragmented understanding of green finance in these environmentally and economically pivotal regions. To achieve this, a comprehensive systematic literature review (SLR) and bibliometric analysis of peer-reviewed research were conducted. Adhering to a predefined protocol and the PRISMA framework, 64 eligible articles were identified from the Web of Science Core Collection. The methodology integrated qualitative content analysis with bibliometric mapping using VOSviewer 1.6.20, specifically employing bibliographic coupling to identify conceptual linkages and research trajectories.