Bibliographic Analysis of Climate Change Risk in the Financial System
Labanya Prakash Jena
Abstract
The research on ‘climate-related financial risks’, still in its infancy, is gaining momentum as businesses and investors are becoming increasingly aware of the heightened risks posed by climate change and the importance of environmentally sustainable activities. The present study brings out a synthesis of the literature on climate risk in the financial sector for the period ranging from 2010 to 2023. Using bibliometric tools such as citation, co-citation, keyword co-occurrence analysis, and other network analysis, the study aims to examine the trend of the research domain; influential aspects (sources, affiliations, articles, and topics); prominent themes; intellectual and conceptual structures; and collaboration among researchers, universities, and countries. The study enhances the understanding of ‘climate-related financial risks’, aiding policymakers, regulators, and future researchers in incorporating various elements of the financial system while assessing the impact of climate change on financial stability.