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Abstract

Finance is one of the essential enablers to mitigate climate change and adapt to climate action. The study examines a timeline, scientometric attributes of literature, high-interest research fields, cutting-edge Climate Change and Financial Markets achievements. CiteSpace and R’s Bibliometrix examine Scopus data for bibliometric study. Data show that climate change is hurting finance more since the 2015 Paris Agreement. Chinese and US proactive contributions are significant geographically. Paper and reference citation analysis reveals climate change and financial market clusters. The study findings divide the significant literature into three dimensions of the climate change risk in the financial market. This includes physical risk, transition risk and corporate climate risk disclosure. The study suggests policymakers should focus on a standardized framework for corporate climate risk disclosure and climate policy formation to achieve carbon targets. This article calls for more research. The research will help in understanding existing research and enable future research publication, execution, and dissemination.

Keywords

climate change financial markets ADO framework bibliometric analysis CiteSpace

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Climateonomics: Bridging the Gap Between Weather and Wealth Research

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