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Sürdürülebilir Finansın Yükselen Aracı: Yeşil Tahviller Üzerine Bibliyometrik Bir Değerlendirme

Yıl 2025, Cilt: 10 Sayı: 4, 1710 - 1735, 31.12.2025
https://doi.org/10.30784/epfad.1689793

Öz

Bu çalışma, çevresel sürdürülebilir projelere finansman sağlamak amacıyla ihraç edilen yeşil tahviller üzerine 2015-2025 yılları arasında akademik literatürü bibliyometrik analiz yöntemiyle incelemektedir. Yeşil tahviller yalnızca finansal getiri sunmakla kalmayıp, çevresel etkileri nedeniyle artan ilgi görmektedir. Çalışmanın amacı, yeşil tahviller konusundaki araştırma eğilimlerini, tematik gelişmeleri, öne çıkan katkı sağlayıcıları ve mevcut durumu bütüncül bir bakış açısıyla ortaya koymaktır. Web of Science veri tabanında ekonomi kategorisinde yer alan 376 İngilizce makale seçilerek RStudio ortamında bibliometrix ve biblioshiny yazılımları aracılığıyla değerlendirilmiştir. Analiz sonucunda, yeşil tahvil literatürünün özellikle Paris İklim Anlaşması sonrası hızla geliştiği, tematik olarak yenilenebilir enerji, sürdürülebilir kalkınma ve iklim değişikliği odaklı çeşitlendiği ve dolayısıyla disiplinler arası çalışma potansiyelinin yüksek olduğu görülmektedir. Çin, Amerika Birleşik Devletleri (ABD) ve Avrupa ülkeleri hem yayın hem atıf sayıları bakımından öne çıkarken, akademik iş birliklerinin giderek arttığı ancak gelişmekte olan ülkelerde yeşil finansman potansiyelinin henüz yeterince kullanılmadığı tespit edilmiştir. Çalışma, literatürün mevcut yapısını haritalayarak, önde gelen yazarları, ülkeleri, anahtar sözcükleri ve trend konuları belirlemiş; gelecek araştırmalar için yönlendirici bir zemin sunmuştur.

Kaynakça

  • Abhilash, N., Shenoy, S.S. and Shetty, D.K. (2022). A state-of-the-art overview of green bond markets: Evidence from technology empowered systematic literature review. Cogent Economics and Finance, 10(1), Article 2135834. https://doi.org/10.1080/23322039.2022.2135834
  • Alamgir, M. and Cheng, M.C. (2023). Do green bonds play a role in achieving sustainability? Sustainability, 15(13), 10177. https://doi.org/10.3390/su151310177
  • Alharbi, S.S., Mamun, M.A., Boubaker, S. and Rizvi, S.K.A. (2023). Green finance and renewable energy: A worldwide evidence. Energy Economics, 118 (C). https://doi.org/10.1016/j.eneco.2022.106499
  • Aria, M. and Cuccurullo, C. (2017). Bibliometrix: An R-tool for comprehensive science mapping analysis. Journal of Informetrics, 11(4), 959–975. https://doi.org/10.1016/j.joi.2017.08.007
  • Azhgaliyeva, D., Kapoor, A. and Liu, Y. (2020). Green bonds for financing renewable energy and energy efficiency in South-East Asia: A review of policies. Journal of Sustainable Finance and Investment, 10(2), 113–140. https://doi.org/10.1080/20430795.2019.1704160
  • Baker, M., Bergstresser, D., Serafeim, G. and Wurgler, J. (2022). The pricing and ownership of US green bonds. Annual Review of Financial Economics, 14, 415–437.https://doi.org/10.1146/annurev-financial-111620-014802
  • Baker, M.P., Bergstresser, D., Serafeim, G. and Wurgler, J. (2018). Financing the response to climate change: The pricing and ownership of US green bonds (SSRN Paper No. 3275327). http://dx.doi.org/10.2139/ssrn.3275327
  • Baştürk, M.F. (2024). Yeşil tahviller ve yenilenebilir enerji üretimi ilişkisi: AB örneği. Verimlilik Dergisi, 58(3), 325–336. https://doi.org/10.51551/verimlilik.1443364
  • Baulkaran, V. (2019). Stock market reaction to green bond issuance. Journal of Asset Management, 20(5), 331–340. https://doi.org/10.1057/s41260-018-00105-1
  • Bhutta, U.S., Tariq, A., Farrukh, M., Raza, A. and Iqbal, M.K. (2022). Green bonds for sustainable development: Review of literature on development and impact of green bonds. Technological Forecasting and Social Change, 175, 121378. https://doi.org/10.1016/j.techfore.2021.121378
  • Broadstock, D.C. and Cheng, L.T. (2019). Time-varying relation between black and green bond price benchmarks: Macroeconomic determinants for the first decade. Finance Research Letters, 29(C), 17–22. https://doi.org/10.1016/j.frl.2019.02.006
  • CBI. (2023). Sustainable debt global state of the market report. Retrieved from https://www.climatebonds.net/files/documents/publications/Global-State-of-the-Market-Report-2023.pdf
  • CBI. (2024a). Interactive data platform. Retrieved from https://www.climatebonds.net/market/data/
  • CBI. (2024b). Sustainable debt market summary Q1 2024. Retrieved from https://www.climatebonds.net/files/reports/cbi_mr_q1_2024_01e_1.pdf
  • Chen, J.M., Umair, M. and Hu, J. (2024). Green finance and renewable energy growth in developing nations: A GMM analysis. Heliyon, 10(3), e33879. https://doi.org/10.1016/j.heliyon.2024.e33879
  • Chen, Y. and Zhao, Z.J. (2021). The rise of green bonds for sustainable finance: Global standards and issues with the expanding Chinese market. Current Opinion in Environmental Sustainability, 52, 54–57. https://doi.org/10.1016/j.cosust.2021.06.013
  • Deloitte. (2023). Green bonds: Financial instruments for accessing capital and financing the energy transition.
  • Donthu, N., Kumar, S., Mukherjee, D., Pandey, N. and Lim, W.M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133, 285–296. https://doi.org/10.1016/j.jbusres.2021.04.070
  • Dumlu, T. and Keleş, E. (2023). Kurumsal yeşil tahviller ve firma değeri: Türkiye uygulamaları. Finans Ekonomi ve Sosyal Araştırmalar Dergisi, 8(1), 261–269. https://doi.org/10.29106/fesa.1258937
  • Ehlers, T. and Packer, F. (2017). Green bond finance and certification (SUERF Policy Note No. 39). Retrieved from https://www.suerf.org/wp-content/uploads/2023/11/f_96629f1aac6ddb7a7cfa82574b6722d4_3103_suerf.pdf
  • Ferrer, R., Shahzad, S.J.H. and Soriano, P. (2021). Are green bonds a different asset class? Evidence from time-frequency connectedness analysis. Journal of Cleaner Production, 292, 125988. https://doi.org/10.1016/j.jclepro.2021.125988
  • Flammer, C. (2021). Corporate green bonds. Journal of Financial Economics, 142(2), 499–516. https://doi.org/10.1016/j.jfineco.2021.05.010
  • Gabr, D.H. and Elbannan, M.A. (2024). Green finance insights: Evolution of the green bonds market. Management and Sustainability: An Arab Review, 3(3), 274–297. https://doi.org/10.1108/MSAR-02-2023-0008
  • Goel, R., Gautam, D. and Natalucci, F. (2022). Sustainable finance in emerging markets: Evolution, challenges, and policy priorities (IMF Working Paper No. 22/182). Retrieved from https://www.imf.org/en/Publications/WP/Issues/2022/09/09/Sustainable-Finance-in-Emerging-Markets-Evolution-Challenges-and-PolicyPriorities-521689
  • Herlina, H. and Dewayanto, T. (2024). Relationship between green bonds and other financial assets: A bibliometric analysis. Ultimaccounting: Jurnal Ilmu Akuntansi, 16(2), 218–233. https://doi.org/10.31937/akuntansi.v16i2.3710
  • Hou, H., Wang, Y. and Zhang, M. (2023). Green finance drives renewable energy development: Empirical evidence from 53 countries worldwide. Environmental Science and Pollution Research, 30(33), 80573–80590. https://doi.org/10.1007/s11356-023-28111-w
  • ICMA. (2021). Green bond principles: Voluntary process guidelines for issuing green bonds. Retrieved from https://www.icmagroup.org/assets/documents/Sustainable-finance/2021-updates/Green-Bond-Principles-June-2021-100621.pdf
  • Jain, K., Gangopadhyay, M. and Mukhopadhyay, K. (2022). Prospects and challenges of green bonds in renewable energy sector: Case of selected Asian economies. Journal of Sustainable Finance and Investment, 14(3), 708–731. https://doi.org/10.1080/20430795.2022.2034596
  • Jun, M., Christopher, K., Sean, K. and Nicholas, P. (2016). Green bonds: Country experiences, barriers, and options. Retrieved from https://www.cbd.int/financial/greenbonds/oecd-greenbondscountries2016.pdf
  • Karpf, A. and Mandel, A. (2018). The changing value of the ‘green’ label on the US municipal bond market. Nature Climate Change, 8(2), 161–165. https://doi.org/10.1038/s41558-017-0062-0
  • Khamis, M. S. and Aysan, A. F. (2022). Bibliometric analysis of green bonds. In M.H. Bilgin, H. Danis, E. Demir and V. Bodolica (Eds.), Eurasian business and economics perspectives (pp. 219–236). Springer. https://doi.org/10.1007/978-3-031-14395-3_12
  • Larcker, D.F. and Watts, E.M. (2020). Where’s the greenium? Journal of Accounting and Economics, 69(2–3), 101312. http://dx.doi.org/10.2139/ssrn.3333847
  • Lee, C.C., Wang, F. and Chang, Y.F. (2023). Does green finance promote renewable energy? Evidence from China. Resources Policy, 82(1), 103439. https://doi.org/10.1016/j.resourpol.2023.103439
  • Mecu, A.N., Chițu, F. and Marin, G.I. (2024). Green bonds research: A structured literature review. Asian Journal of Social Science Management and Technology, 6(4), 197–205. https://ajssmt.com/Papers/64197205.pdf
  • Ning, Y., Cherian, J., Sial, M. S., Alvarez-Otero, S., Comite, U. and Zia-Ud-Din, M. (2023). Green bond as a new determinant of sustainable green financing, energy efficiency investment, and economic growth: A global perspective. Environmental Science and Pollution Research, 30(22), 61324–61339. https://doi.org/10.1007/s11356-021-18454-7
  • Özcan, M. and Durmuşoğlu, S.M. (2022). Yenilenebilir enerji yatırımlarının finansmanında yeşil tahvillerin kullanımı. Mühendis ve Makine, 63(707), 279–313. https://doi.org/10.46399/muhendismakina.936861
  • Petrova, A. (2016). Green bonds: Lower returns or higher responsibility? (Unpublished doctoral dissertation). Radbound University, Nijmegen, The Netherlands.
  • Prasad, A., Loukoianova, E., Feng, A.X. and Oman, W. (2022). Mobilizing private climate financing in emerging market and developing economies (IMF Staff Climate Note No. 2022/007). Retrieved from https://www.imf.org/en/Publications/staff-climate-notes/Issues/2022/07/26/Mobilizing-Private-Climate-Financing-in-Emerging-Market-and-Developing-Economies-520585
  • Pritchard, A. (1969). Statistical bibliography or bibliometrics. Journal of Documentation, 25(4), 348–349. https://doi.org/10.1108/eb026482
  • Rasoulinezhad, E. and Taghizadeh-Hesary, F. (2022). Role of green finance in improving energy efficiency and renewable energy development. Energy Efficiency, 15(14). https://doi.org/10.1007/s12053-022-10021-4
  • Reboredo, J.C., Ugolini, A. and Aiube, F.A.L. (2020). Network connectedness of green bonds and asset classes. Energy Economics, 86, 104629. https://doi.org/10.1016/j.eneco.2019.104629
  • Shi, X., Ma, J., Jiang, A., Wei, S. and Yue, L. (2023). Green bonds: Green investments or greenwashing? International Review of Financial Analysis, 90, 102850. https://doi.org/10.1016/j.irfa.2023.102850
  • Subramaniam, Y. and Loganathan, N. (2024). Does green finance affect renewable energy development in Singapore? Journal of Asian Business and Economic Studies, 31(8). https://doi.org/ 10.1108/JABES-02-2023-0052
  • Tang, D.Y. and Zhang, Y. (2020). Do shareholders benefit from green bonds? Journal of Corporate Finance, 61, 101427. https://doi.org/10.1016/j.jcorpfin.2018.12.001
  • Tiwari, A.K., Abakah, E.J.A., Gabauer, D. and Dwumfour, R.A. (2022). Dynamic spillover effects among green bond, renewable energy stocks, and carbon markets during COVID-19 pandemic: Implications for hedging and investment strategies. Global Finance Journal, 51, 100692. https://doi.org/10.1016/j.gfj.2021.100692
  • Tu, C.A., Rasoulinezhad, E. and Sarker, T. (2020). Investigating solutions for the development of a green bond market: Evidence from analytic hierarchy process. Finance Research Letters, 34, 101457. https://doi.org/10.1016/j.frl.2020.101457
  • Uçkun Özkan, A. (2024). Yeşil tahvil alanında yayınlanmış makaleler üzerine bibliyometrik bir analiz. Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi, 6(1), 176–189. https://doi.org/10.51124/jneusbf.2024.82
  • World Bank. (2024). Emerging market green bonds. Retrieved from https://documents1.worldbank.org/curated/en/099734005282477873/pdf/IDU1f7d580db1e4541458918c591cb45dd4f3eb9.pdf
  • Zerbib, O.D. (2019). The effect of pro-environmental preferences on bond prices: Evidence from green bonds. Journal of Banking and Finance, 98, 39–60. https://doi.org/10.1016/j.jbankfin.2018.10.012
  • Zheng, M., Du, Q. and Wang, Q.J. (2023). Nexus between green finance and renewable energy development in China. Emerging Markets Finance and Trade, 59(4), 1205–1218. https://doi.org/10.1080/1540496X.2022.2119811
  • Zhong, X., Ali, A. and Zhang, L. (2024). The influence of green finance and renewable energy sources on renewable energy investment and carbon emission: COVID-19 pandemic effects on Chinese economy. Journal of the Knowledge Economy, 15(4), 16395-16418. https://doi.org/10.1007/s13132-024-01732-3

The Rising Instrument of Sustainable Finance: A Bibliometric Assessment on Green Bonds

Yıl 2025, Cilt: 10 Sayı: 4, 1710 - 1735, 31.12.2025
https://doi.org/10.30784/epfad.1689793

Öz

This study examines the academic literature on green bonds—debt instruments issued to finance environmentally sustainable projects—using bibliometric analysis for the period between 2015 and 2025. Green bonds attract increasing attention not only for their financial returns but also for their environmental impacts. The aim of this research is to provide a comprehensive overview of research trends, thematic developments, key contributors, and the current state of green bond studies. A total of 376 English-language articles in the field of economics were retrieved from the Web of Science database and analyzed using the Bibliometrix and Biblioshiny packages in the RStudio environment. The results indicate that the literature on green bonds has expanded rapidly, particularly after the Paris Climate Agreement, with dominant themes including renewable energy, sustainable development, and climate change—highlighting the field's interdisciplinary potential. China, the United States, and European countries lead in both publication and citation counts. While international academic collaboration is increasing, the green finance potential in developing countries remains underutilized. This study maps the structure of the literature, identifies leading authors, countries, keywords, and trending topics, and offers a guiding framework for future research.

Kaynakça

  • Abhilash, N., Shenoy, S.S. and Shetty, D.K. (2022). A state-of-the-art overview of green bond markets: Evidence from technology empowered systematic literature review. Cogent Economics and Finance, 10(1), Article 2135834. https://doi.org/10.1080/23322039.2022.2135834
  • Alamgir, M. and Cheng, M.C. (2023). Do green bonds play a role in achieving sustainability? Sustainability, 15(13), 10177. https://doi.org/10.3390/su151310177
  • Alharbi, S.S., Mamun, M.A., Boubaker, S. and Rizvi, S.K.A. (2023). Green finance and renewable energy: A worldwide evidence. Energy Economics, 118 (C). https://doi.org/10.1016/j.eneco.2022.106499
  • Aria, M. and Cuccurullo, C. (2017). Bibliometrix: An R-tool for comprehensive science mapping analysis. Journal of Informetrics, 11(4), 959–975. https://doi.org/10.1016/j.joi.2017.08.007
  • Azhgaliyeva, D., Kapoor, A. and Liu, Y. (2020). Green bonds for financing renewable energy and energy efficiency in South-East Asia: A review of policies. Journal of Sustainable Finance and Investment, 10(2), 113–140. https://doi.org/10.1080/20430795.2019.1704160
  • Baker, M., Bergstresser, D., Serafeim, G. and Wurgler, J. (2022). The pricing and ownership of US green bonds. Annual Review of Financial Economics, 14, 415–437.https://doi.org/10.1146/annurev-financial-111620-014802
  • Baker, M.P., Bergstresser, D., Serafeim, G. and Wurgler, J. (2018). Financing the response to climate change: The pricing and ownership of US green bonds (SSRN Paper No. 3275327). http://dx.doi.org/10.2139/ssrn.3275327
  • Baştürk, M.F. (2024). Yeşil tahviller ve yenilenebilir enerji üretimi ilişkisi: AB örneği. Verimlilik Dergisi, 58(3), 325–336. https://doi.org/10.51551/verimlilik.1443364
  • Baulkaran, V. (2019). Stock market reaction to green bond issuance. Journal of Asset Management, 20(5), 331–340. https://doi.org/10.1057/s41260-018-00105-1
  • Bhutta, U.S., Tariq, A., Farrukh, M., Raza, A. and Iqbal, M.K. (2022). Green bonds for sustainable development: Review of literature on development and impact of green bonds. Technological Forecasting and Social Change, 175, 121378. https://doi.org/10.1016/j.techfore.2021.121378
  • Broadstock, D.C. and Cheng, L.T. (2019). Time-varying relation between black and green bond price benchmarks: Macroeconomic determinants for the first decade. Finance Research Letters, 29(C), 17–22. https://doi.org/10.1016/j.frl.2019.02.006
  • CBI. (2023). Sustainable debt global state of the market report. Retrieved from https://www.climatebonds.net/files/documents/publications/Global-State-of-the-Market-Report-2023.pdf
  • CBI. (2024a). Interactive data platform. Retrieved from https://www.climatebonds.net/market/data/
  • CBI. (2024b). Sustainable debt market summary Q1 2024. Retrieved from https://www.climatebonds.net/files/reports/cbi_mr_q1_2024_01e_1.pdf
  • Chen, J.M., Umair, M. and Hu, J. (2024). Green finance and renewable energy growth in developing nations: A GMM analysis. Heliyon, 10(3), e33879. https://doi.org/10.1016/j.heliyon.2024.e33879
  • Chen, Y. and Zhao, Z.J. (2021). The rise of green bonds for sustainable finance: Global standards and issues with the expanding Chinese market. Current Opinion in Environmental Sustainability, 52, 54–57. https://doi.org/10.1016/j.cosust.2021.06.013
  • Deloitte. (2023). Green bonds: Financial instruments for accessing capital and financing the energy transition.
  • Donthu, N., Kumar, S., Mukherjee, D., Pandey, N. and Lim, W.M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133, 285–296. https://doi.org/10.1016/j.jbusres.2021.04.070
  • Dumlu, T. and Keleş, E. (2023). Kurumsal yeşil tahviller ve firma değeri: Türkiye uygulamaları. Finans Ekonomi ve Sosyal Araştırmalar Dergisi, 8(1), 261–269. https://doi.org/10.29106/fesa.1258937
  • Ehlers, T. and Packer, F. (2017). Green bond finance and certification (SUERF Policy Note No. 39). Retrieved from https://www.suerf.org/wp-content/uploads/2023/11/f_96629f1aac6ddb7a7cfa82574b6722d4_3103_suerf.pdf
  • Ferrer, R., Shahzad, S.J.H. and Soriano, P. (2021). Are green bonds a different asset class? Evidence from time-frequency connectedness analysis. Journal of Cleaner Production, 292, 125988. https://doi.org/10.1016/j.jclepro.2021.125988
  • Flammer, C. (2021). Corporate green bonds. Journal of Financial Economics, 142(2), 499–516. https://doi.org/10.1016/j.jfineco.2021.05.010
  • Gabr, D.H. and Elbannan, M.A. (2024). Green finance insights: Evolution of the green bonds market. Management and Sustainability: An Arab Review, 3(3), 274–297. https://doi.org/10.1108/MSAR-02-2023-0008
  • Goel, R., Gautam, D. and Natalucci, F. (2022). Sustainable finance in emerging markets: Evolution, challenges, and policy priorities (IMF Working Paper No. 22/182). Retrieved from https://www.imf.org/en/Publications/WP/Issues/2022/09/09/Sustainable-Finance-in-Emerging-Markets-Evolution-Challenges-and-PolicyPriorities-521689
  • Herlina, H. and Dewayanto, T. (2024). Relationship between green bonds and other financial assets: A bibliometric analysis. Ultimaccounting: Jurnal Ilmu Akuntansi, 16(2), 218–233. https://doi.org/10.31937/akuntansi.v16i2.3710
  • Hou, H., Wang, Y. and Zhang, M. (2023). Green finance drives renewable energy development: Empirical evidence from 53 countries worldwide. Environmental Science and Pollution Research, 30(33), 80573–80590. https://doi.org/10.1007/s11356-023-28111-w
  • ICMA. (2021). Green bond principles: Voluntary process guidelines for issuing green bonds. Retrieved from https://www.icmagroup.org/assets/documents/Sustainable-finance/2021-updates/Green-Bond-Principles-June-2021-100621.pdf
  • Jain, K., Gangopadhyay, M. and Mukhopadhyay, K. (2022). Prospects and challenges of green bonds in renewable energy sector: Case of selected Asian economies. Journal of Sustainable Finance and Investment, 14(3), 708–731. https://doi.org/10.1080/20430795.2022.2034596
  • Jun, M., Christopher, K., Sean, K. and Nicholas, P. (2016). Green bonds: Country experiences, barriers, and options. Retrieved from https://www.cbd.int/financial/greenbonds/oecd-greenbondscountries2016.pdf
  • Karpf, A. and Mandel, A. (2018). The changing value of the ‘green’ label on the US municipal bond market. Nature Climate Change, 8(2), 161–165. https://doi.org/10.1038/s41558-017-0062-0
  • Khamis, M. S. and Aysan, A. F. (2022). Bibliometric analysis of green bonds. In M.H. Bilgin, H. Danis, E. Demir and V. Bodolica (Eds.), Eurasian business and economics perspectives (pp. 219–236). Springer. https://doi.org/10.1007/978-3-031-14395-3_12
  • Larcker, D.F. and Watts, E.M. (2020). Where’s the greenium? Journal of Accounting and Economics, 69(2–3), 101312. http://dx.doi.org/10.2139/ssrn.3333847
  • Lee, C.C., Wang, F. and Chang, Y.F. (2023). Does green finance promote renewable energy? Evidence from China. Resources Policy, 82(1), 103439. https://doi.org/10.1016/j.resourpol.2023.103439
  • Mecu, A.N., Chițu, F. and Marin, G.I. (2024). Green bonds research: A structured literature review. Asian Journal of Social Science Management and Technology, 6(4), 197–205. https://ajssmt.com/Papers/64197205.pdf
  • Ning, Y., Cherian, J., Sial, M. S., Alvarez-Otero, S., Comite, U. and Zia-Ud-Din, M. (2023). Green bond as a new determinant of sustainable green financing, energy efficiency investment, and economic growth: A global perspective. Environmental Science and Pollution Research, 30(22), 61324–61339. https://doi.org/10.1007/s11356-021-18454-7
  • Özcan, M. and Durmuşoğlu, S.M. (2022). Yenilenebilir enerji yatırımlarının finansmanında yeşil tahvillerin kullanımı. Mühendis ve Makine, 63(707), 279–313. https://doi.org/10.46399/muhendismakina.936861
  • Petrova, A. (2016). Green bonds: Lower returns or higher responsibility? (Unpublished doctoral dissertation). Radbound University, Nijmegen, The Netherlands.
  • Prasad, A., Loukoianova, E., Feng, A.X. and Oman, W. (2022). Mobilizing private climate financing in emerging market and developing economies (IMF Staff Climate Note No. 2022/007). Retrieved from https://www.imf.org/en/Publications/staff-climate-notes/Issues/2022/07/26/Mobilizing-Private-Climate-Financing-in-Emerging-Market-and-Developing-Economies-520585
  • Pritchard, A. (1969). Statistical bibliography or bibliometrics. Journal of Documentation, 25(4), 348–349. https://doi.org/10.1108/eb026482
  • Rasoulinezhad, E. and Taghizadeh-Hesary, F. (2022). Role of green finance in improving energy efficiency and renewable energy development. Energy Efficiency, 15(14). https://doi.org/10.1007/s12053-022-10021-4
  • Reboredo, J.C., Ugolini, A. and Aiube, F.A.L. (2020). Network connectedness of green bonds and asset classes. Energy Economics, 86, 104629. https://doi.org/10.1016/j.eneco.2019.104629
  • Shi, X., Ma, J., Jiang, A., Wei, S. and Yue, L. (2023). Green bonds: Green investments or greenwashing? International Review of Financial Analysis, 90, 102850. https://doi.org/10.1016/j.irfa.2023.102850
  • Subramaniam, Y. and Loganathan, N. (2024). Does green finance affect renewable energy development in Singapore? Journal of Asian Business and Economic Studies, 31(8). https://doi.org/ 10.1108/JABES-02-2023-0052
  • Tang, D.Y. and Zhang, Y. (2020). Do shareholders benefit from green bonds? Journal of Corporate Finance, 61, 101427. https://doi.org/10.1016/j.jcorpfin.2018.12.001
  • Tiwari, A.K., Abakah, E.J.A., Gabauer, D. and Dwumfour, R.A. (2022). Dynamic spillover effects among green bond, renewable energy stocks, and carbon markets during COVID-19 pandemic: Implications for hedging and investment strategies. Global Finance Journal, 51, 100692. https://doi.org/10.1016/j.gfj.2021.100692
  • Tu, C.A., Rasoulinezhad, E. and Sarker, T. (2020). Investigating solutions for the development of a green bond market: Evidence from analytic hierarchy process. Finance Research Letters, 34, 101457. https://doi.org/10.1016/j.frl.2020.101457
  • Uçkun Özkan, A. (2024). Yeşil tahvil alanında yayınlanmış makaleler üzerine bibliyometrik bir analiz. Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi, 6(1), 176–189. https://doi.org/10.51124/jneusbf.2024.82
  • World Bank. (2024). Emerging market green bonds. Retrieved from https://documents1.worldbank.org/curated/en/099734005282477873/pdf/IDU1f7d580db1e4541458918c591cb45dd4f3eb9.pdf
  • Zerbib, O.D. (2019). The effect of pro-environmental preferences on bond prices: Evidence from green bonds. Journal of Banking and Finance, 98, 39–60. https://doi.org/10.1016/j.jbankfin.2018.10.012
  • Zheng, M., Du, Q. and Wang, Q.J. (2023). Nexus between green finance and renewable energy development in China. Emerging Markets Finance and Trade, 59(4), 1205–1218. https://doi.org/10.1080/1540496X.2022.2119811
  • Zhong, X., Ali, A. and Zhang, L. (2024). The influence of green finance and renewable energy sources on renewable energy investment and carbon emission: COVID-19 pandemic effects on Chinese economy. Journal of the Knowledge Economy, 15(4), 16395-16418. https://doi.org/10.1007/s13132-024-01732-3
Toplam 51 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Uluslararası Finans
Bölüm Araştırma Makalesi
Yazarlar

Cansel Oskay 0009-0005-8021-6550

Gönderilme Tarihi 2 Mayıs 2025
Kabul Tarihi 25 Eylül 2025
Yayımlanma Tarihi 31 Aralık 2025
Yayımlandığı Sayı Yıl 2025 Cilt: 10 Sayı: 4

Kaynak Göster

APA Oskay, C. (2025). Sürdürülebilir Finansın Yükselen Aracı: Yeşil Tahviller Üzerine Bibliyometrik Bir Değerlendirme. Ekonomi Politika ve Finans Araştırmaları Dergisi, 10(4), 1710-1735. https://doi.org/10.30784/epfad.1689793