Climate Finance, Policy Uncertainty, and Global Financial Stability: A Systematic Review Through Bibliometric Analysis

Since the 2015 Paris Agreement, SDG 13 for climate action has received substantial attention from governments to target carbon neutrality by 2030, highlighting the attractiveness of climate finance that comes across the fields from micro with corporate behavior to macro perspectives. In this chapter, I provide a systematic review of climate finance, policy uncertainty, and global financial stability through bibliometric analysis based on Web of Science Core Collection for all published peer-reviewed articles from 1900 onward. While uncertainty and financial stability have received long-term increasing attention from scholars since early 1990 to present day at a more constant rate, the scientific world has shown its high attention to climate finance during periods of crises since the 2008 global financial crisis (GFC), with an exceptional increase since COVID-19. The findings reflect the fact that we care (think) more about climate (stability) issues when crises emerge. The findings provide critical implications for market behavior and the world’s transition to SDGs where climate finance and global financial stability are open to many angles to be explored through the world’s times of uncertainty.