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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.

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.

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.

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.

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.

This study aims to examine the factors that impact the choice of paddy marketing channels in India at the farm level and household contingencies.

Employing multinomial logistic regression, the analysis utilizes the National Sample Survey Office (NSSO) 77th round Situation Assessment Survey (SAS) data from the 2018 to 2019 period, specifically for the paddy Kharif season, to determine the factors determining the choice of marketing channels. The significant independent variables include minimum support price (MSP) awareness, access to and adoption of technical advice, input agency, social group, farm size of farmers, region, age and education of the household head.

Awareness of MSP and adoption of technical advice from experts can enhance the probability of selecting government channels for paddy. The reliance on government input agencies has a favourable impact on the choice of government channels. Government channels are more likely preferred by higher social groups and those with higher land-holdings. There has been a state-wise variation in access to regulated marketing channels for paddy.

Transaction cost associated with marketing channel choice is an important factor, not incorporated in this study due to the unavailability in the NSS data.

The research uses the latest unit-level data of the NSSO 77th round, published by the Ministry of Statistics and Programme Implementation (MoSPI), the Government of India.