Sustainable bonds as a sustainable financial instrument: thematic insights and future prospects
Qualitative Research in Financial Markets
ISSN: 1755-4179
Article publication date: 19 November 2024
Abstract
Purpose
This study aims to explore the development and significance of sustainable finance instruments, mainly sustainable bonds. The purpose is to provide policymakers, regulators and researchers with insights into the current state of sustainable finance research and also provide future research directions.
Design/methodology/approach
This study used Scientific Procedures and Rationales for Systematic Literature Reviews as a review protocol and addressed four research questions concerning publication and citation trends, major themes and future research directions in sustainable bonds.
Findings
This study indicated growing attention in sustainable bond research, with increasing publication and citation trends. Along with identifying research themes, the findings include future direction on pricing and risk assessment, market dynamics and growth potential, policy and regulatory environments and global perspectives with local context.
Research limitations/implications
Although this study provides a robust analysis of the current literature, it relies on existing publications and may not capture the latest developments in sustainable bond research. However, policymakers can benefit from insights into the growth and dynamics of sustainable bonds, enabling them to implement effective policies and regulations. Investors and businesses can use this research to inform their environmental, social and governance investment strategies and decision-making processes.
Originality/value
This paper suggests a comprehensive overview of the state of research in sustainable bonds, highlighting the emerging trends and research priorities. It also underlines the significance of sustainable finance in achieving sustainability goals and provides a roadmap for future research.
Keywords
Acknowledgements
Declaration: The authors declare that there are no conflicts of interest regarding the publication of this research article. This research was conducted in an unbiased and impartial manner, and no external influences or competing interests have affected the study's design, data analysis or reporting of results.
Citation
Negi, P. and Jaiswal, A. (2024), "Sustainable bonds as a sustainable financial instrument: thematic insights and future prospects", Qualitative Research in Financial Markets, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/QRFM-01-2024-0018
Publisher
:Emerald Publishing Limited
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