The DOI matches its Crossref record; 164 of the 168 references it cites were found in a registry or an index.
Closing the green finance gap – A systems perspective
Open accessOverview
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
In the citing paper
“However, there exists a gap in the supply and demand for funds in renewables, there is an urgent need toaddress the problem of overcomingthe challenge [4].”
From Impact of green finance and fintech on sustainable economic growth: Empirical evidence from India (2023) · cites this paper as [4]
Citations
Cites
The fifth discipline, the art and practice of the learning organization
Senge, P. M. (1991) · Performance + Instruction · doi:10.1002/pfi.4170300510 · Cited by 20,060
A BEHAVIORAL MODEL OF RATIONAL CHOICE
Simon, H. A. (1955) · The Quarterly Journal of Economics · doi:10.2307/1884852 · Cited by 15,877
Taylor, K. M. G., Nettleton, S., & Harding, G. (2010) · Taylor & Francis eBooks · doi:10.4324/9780203381175_chapter_9 · Cited by 14,642
(2000) · University of Maribor digital library (University of Maribor) · Cited by 9,354
Gran, B. C. (2008) · Cited by 2,853
A Definition of Systems Thinking: A Systems Approach
Arnold, R. D., & Wade, J. P. (2015) · Procedia Computer Science · doi:10.1016/j.procs.2015.03.050 · Cited by 1,358
A Climate Stress-Test of the Financial System
Battiston, S., Mandel, A., Monasterolo, I., Schütze, F., & Visentin, G. (2016) · Nature Climate Change · doi:10.1038/nclimate3255 · Cited by 1,239
System dynamics, systems thinking, and soft OR
Forrester, J. W. (1994) · System Dynamics Review · doi:10.1002/sdr.4260100211 · Cited by 1,117
Simon, H. A. (1957) · Cited by 1,083
Pérez, M. V. L., Garcia, A., & Ariza, L. R. (2007) · Journal of Business Ethics · doi:10.1007/s10551-006-9253-8 · Cited by 1,052
Flagged first, then by citations
4 of the 168 references couldn’t be matched to a known paper.
Research works printed but not linked: 3
- Boie, 2014, Barriers and drivers framing the diffusion of renewable energy technologies, Renewables in the EU: Policy Performance, Drivers and Barriers. 1st DIACORE-CEPS Policy Workshop
- Reichelt, 2010, Green bonds: a model to mobilise private capital to fund climate change mitigation and adaptation projects, EuroMoney Environ. Finance Handb., 1
- Tversky, 1974, Judgement under uncertainty: heuristics and biases, science, New Series, 185, 1124
Cited by
Sorted by citations
Items 101–200 of 317
The dynamic impact of green finance and renewable energy on sustainable development in China
Chen, J., Li, L., Yang, D., & Wang, Z. (2023) · Frontiers in Environmental Science · doi:10.3389/fenvs.2022.1097181 · Cited by 29
Sustainable investments: a scientometric review and research agenda
Singhania, M., Bhan, I., & Chadha, G. (2023) · Managerial Finance · doi:10.1108/mf-04-2023-0238 · Cited by 23
Alhejaili, M. O. M. (2024) · Sustainability · doi:10.3390/su16104159 · Cited by 36
Sustainable Investments in the Blue Economy: Leveraging Fintech and Adoption Theories
Sharma, V., Rupeika-Apoga, R., Singh, T. P., & Gupta, M. (2025) · Journal of risk and financial management · doi:10.3390/jrfm18070368 · Cited by 37
Li, B., Chang, J., Guo, J., Zhou, C. Q., Ren, X., & Liu, J. (2023) · Environmental Science and Pollution Research · doi:10.1007/s11356-023-26405-7 · Cited by 28
Hassan, H., Xiaoying, W., Sampene, A. K., & Lei, X. (2025) · Energy Strategy Reviews · doi:10.1016/j.esr.2025.101895 · Cited by 27
Annu, A., & Tripathi, R. (2023) · Benchmarking An International Journal · doi:10.1108/bij-05-2023-0311 · Cited by 26
Contemporary financial capitalism and sustainability transitions in urban built environments
Hadfield, P., & Coenen, L. (2022) · Environmental Innovation and Societal Transitions · doi:10.1016/j.eist.2022.01.004 · Cited by 26
Kharb, R., Shri, C., Singh, P., Bhatia, S., & Saini, N. (2024) · Environment Development and Sustainability · doi:10.1007/s10668-024-05266-1 · Cited by 25
Annamalaisamy, B., & Jayaraman, S. V. (2022) · Sustainable Development · doi:10.1002/sd.2377 · Cited by 24
Green finance insights: evolution of the green bonds market
Gabr, D. H., & ElBannan, M. A. (2023) · Management & Sustainability An Arab Review · doi:10.1108/msar-02-2023-0008 · Cited by 24
Kholaif, M. M. N. H. K., & Tang, X. (2024) · Sustainable Development · doi:10.1002/sd.3176 · Cited by 25
Fang, Y., & Shao, Z. (2022) · Environmental Science and Pollution Research · doi:10.1007/s11356-022-24513-4 · Cited by 23
Nexus among corruption, political instability and natural resources on economic recovery in Vietnam
Liu, F., Chen, H., & Zhang, S. (2023) · Resources Policy · doi:10.1016/j.resourpol.2023.103743 · Cited by 26
Xue, Q., Wang, H., Ji, X., & Wei, J. N. (2023) · China Journal of Accounting Research · doi:10.1016/j.cjar.2023.100314 · Cited by 29
Kumar, A. R., Ahuja, S., Soti, N., Saini, A. K., & Bharti, B. (2024) · Cogent Economics & Finance · doi:10.1080/23322039.2024.2398217 · Cited by 22
Transforming Socially Responsible Investment: Lessons from Environmental Justice
Reynolds, D., & Ciplet, D. (2022) · Journal of Business Ethics · doi:10.1007/s10551-022-05070-9 · Cited by 24
Castro, M. L. A., Pérez, M. V. L., Guillén, A. M., & Ariza, L. R. (2023) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2023.138279 · Cited by 25
Achieving Sustainable Investment Practices Through Green Finance
Kashif, M., Shajar, S. N., Singhal, N., & Kumar, P. (2023) · Advances in finance, accounting, and economics book series · doi:10.4018/979-8-3693-1388-6.ch016 · Cited by 22
D’Orazio, P. (2023) · Energy Research & Social Science · doi:10.1016/j.erss.2023.103365 · Cited by 22
Green financial structure and carbon emissions: A structural matching perspective
Yi, H., & Zhang, Z. (2023) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2023.140103 · Cited by 21
Why issue green bonds? Examining their dual impact on environmental protection and economic benefits
Zhou, D., & Kythreotis, A. (2024) · Humanities and Social Sciences Communications · doi:10.1057/s41599-024-04318-1 · Cited by 21
Analyzing the Role of Banks in Providing Green Finance for Retail Customers: The Case of Germany
Ringel, M., & Mjekic, S. (2023) · Sustainability · doi:10.3390/su15118745 · Cited by 22
Hou, H., Wang, Y., & Zhang, M. (2023) · Environment Development and Sustainability · doi:10.1007/s10668-023-03472-x · Cited by 24
Quantifying the dynamics of relationships between eco-innovations and SDG 8
Arilla, R., Gavurová, B., Rigelský, M., & Soriano, D. R. (2023) · Energy Economics · doi:10.1016/j.eneco.2023.107280 · Cited by 21
Exploring the role of green finance in wind power development: using the nonparametric model
Xu, B., & Lin, B. (2024) · Frontiers in Sustainable Energy Policy · doi:10.3389/fsuep.2024.1344166 · Cited by 20
Feng, H., & Yang, F. (2023) · Environmental Science and Pollution Research · doi:10.1007/s11356-022-24969-4 · Cited by 20
RetractedHas green finance improved China’s ecological and livable environment?
Yang, A., Huan, X., Teo, B. S.-X., & Li, W. (2023) · Environmental Science and Pollution Research · doi:10.1007/s11356-023-25484-w · Cited by 20
Role of green finance and carbon accounting in achieving sustainability
Wu, J. (2024) · Humanities and Social Sciences Communications · doi:10.1057/s41599-023-02492-2 · Cited by 20
Fang, M., & Chang, C. (2022) · Economic Change and Restructuring · doi:10.1007/s10644-022-09392-6 · Cited by 19
Chao, L., & Cai, P. (2023) · Resources Policy · doi:10.1016/j.resourpol.2023.103311 · Cited by 21
Qin, P., Wang, J., Xu, A., & Hussain, S. (2024) · Energy Strategy Reviews · doi:10.1016/j.esr.2024.101475 · Cited by 19
The evolution of green finance research: A comprehensive bibliometric analysis
Wang, G., Cui, H., & Hausken, K. (2025) · Heliyon · doi:10.1016/j.heliyon.2025.e42161 · Cited by 18
Impact of digitization on green economic recovery: an empirical evidence from China
Cai, S. (2023) · Economic Change and Restructuring · doi:10.1007/s10644-022-09473-6 · Cited by 20
Behrooz, H., Lipizzi, C., Korfiatis, G. P., Ilbeigi, M., Powell, M., & Nouri, M. (2023) · Sustainability · doi:10.3390/su15129701 · Cited by 18
Desalegn, G. (2023) · Green Finance · doi:10.3934/gf.2023008 · Cited by 18
Zheng, K., Zheng, X., Yang, Y., & Chang, J. (2023) · Heliyon · doi:10.1016/j.heliyon.2023.e19519 · Cited by 18
RetractedZhang, C., Zhang, S., Zhang, Y., Yang, Y., & Lan, K. (2024) · SAGE Open · doi:10.1177/21582440241233376 · Cited by 20
Mobilising mainstream finance for a future clean energy transition: The case of Finland
Temmes, A., Heiskanen, E., Matschoss, K., & Lovio, R. (2021) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2021.128797 · Cited by 17
A Green New Deal: Opportunities and Constraints
Kedward, K., & Ryan‐Collins, J. (2021) · Springer eBooks · doi:10.1007/978-3-030-84288-8_7 · Cited by 17
The perspectives of stakeholders on the effectiveness of green financing schemes in Malaysia
Ezuma, R. E. M. R., & Matthew, N. K. (2022) · Green Finance · doi:10.3934/gf.2022.2022022 · Cited by 17
Wang, J. (2024) · International Review of Economics & Finance · doi:10.1016/j.iref.2024.03.051 · Cited by 17
Liyanage, S. I. H., Netswera, F., & Motsumi, A. (2020) · International Journal of Energy Economics and Policy · doi:10.32479/ijeep.9865 · Cited by 17
Nie, L., Chen, P., Liu, X., Shi, Q., & Zhang, J. (2022) · International Journal of Environmental Research and Public Health · doi:10.3390/ijerph191710984 · Cited by 16
Greening the economy: Techniques and regulations to promote natural resource efficiency
Luo, J., Pan, Z., & Zhang, S. (2024) · Resources Policy · doi:10.1016/j.resourpol.2024.104686 · Cited by 16
Weng, Y., & Li, W. (2024) · Journal of the Knowledge Economy · doi:10.1007/s13132-024-01783-6 · Cited by 16
RetractedSreenu, N. (2024) · Benchmarking An International Journal · doi:10.1108/bij-12-2023-0875 · Cited by 22
The Role of Innovation Development in Advancing Green Finance
Kwilinski, A. S., Lyulyov, O. V., & Pimonenko, T. (2025) · Journal of risk and financial management · doi:10.3390/jrfm18030140 · Cited by 15
Carbon-Reduction, Green Finance, and High-Quality Economic Development: A Case of China
Zeng, S., Fu, Q., Haleem, F., Shen, Y., & Zhang, J. (2023) · Sustainability · doi:10.3390/su151813999 · Cited by 15
Persad, K., Xu, B. L., & Greening, P. (2024) · Energy Economics · doi:10.1016/j.eneco.2024.107444 · Cited by 16
Foreign direct investment, technology transfer and the global issuance of green bonds
Christnacht, L. C., & Mertzanis, C. (2025) · Energy Economics · doi:10.1016/j.eneco.2025.108246 · Cited by 18
Green finance policy and corporate carbon emissions: advancing corporate sustainability
Lyu, Y., Xiao, X., & Zhang, J. (2025) · Humanities and Social Sciences Communications · doi:10.1057/s41599-025-05197-w · Cited by 14
Cui, D., Cheng, L., & You, J. (2024) · Finance research letters · doi:10.1016/j.frl.2024.105318 · Cited by 14
Khan, N., Karim, S., Chan, L., & She, L. (2024) · Journal of Environmental Management · doi:10.1016/j.jenvman.2024.122224 · Cited by 14
Abideen, Z. U. (2024) · Corporate Social Responsibility and Environmental Management · doi:10.1002/csr.2943 · Cited by 13
Sapiri, M., & Putra, A. H. P. K. (2023) · International Journal of Energy Economics and Policy · doi:10.32479/ijeep.14936 · Cited by 13
Understanding the Theoretical Context of Green Finance
Bagh, T., & Iftikhar, K. (2024) · Palgrave studies in impact finance · doi:10.1007/978-3-031-65756-6_3 · Cited by 13
Using an Analytical Hierarchy Process to Analyze the Development of the Green Energy Industry
Chiu, W.-H., Lin, W., Chen, C., & Chen, N.-P. (2021) · Energies · doi:10.3390/en14154452 · Cited by 13
Sharma, V., & Rupeika-Apoga, R. (2025) · Technology in Society · doi:10.1016/j.techsoc.2025.103083 · Cited by 12
Колосок, С., Vasylieva, T., & Lyeonov, S. (2021) · COLINS · Cited by 12
Xiang, W., Lan, Y., Qi, Q., & Gan, L. (2023) · PLoS ONE · doi:10.1371/journal.pone.0293022 · Cited by 12
Wang, J., Lobo, J., Shutters, S. T., & Strumsky, D. (2024) · Environmental Innovation and Societal Transitions · doi:10.1016/j.eist.2024.100836 · Cited by 14
Modelling induced innovation for the low-carbon energy transition: a menu of options
Pasqualino, R., Peñasco, C., Barbrook-Johnson, P., de Moura, F. S., Kolesnikov, S. A., Hafner, S., Nijsse, F. J. M. M., Lamperti, F., Hinder, B., Melekh, Y., et al. (2024) · Environmental Research Letters · doi:10.1088/1748-9326/ad4c79 · Cited by 12
Self-citationExploring the influence of financial development on climate physical risk: insights from China
Chen, P., Zhang, Y., & Chu, Z. (2024) · Climate Policy · doi:10.1080/14693062.2024.2374319 · Cited by 12
Green finance and investment in India: Unveiling enablers and barriers for a sustainable future
Bhatnagar, S., Sharma, D., & Singh, V. V. (2025) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2025.144908 · Cited by 12
Green Finance Strategies: Driving Sustainable Business Models Through Innovative Financing Solutions
Behera, I., & Nanda, P. (2025) · World sustainability series · doi:10.1007/978-3-031-80969-9_6 · Cited by 12
Twitter Sentiment Analysis on Green Finance
Maulida, S., & Hakim, B. A. (2022) · Accounting and Sustainability · doi:10.58968/as.v1i1.256 · Cited by 12
Johri, A., & Singh, R. K. (2024) · Environment Development and Sustainability · doi:10.1007/s10668-024-05723-x · Cited by 11
Optimization path of agricultural products marketing channel based on innovative industrial chain
Zhai, T., Liu, J., & Wang, D. (2023) · Economic Change and Restructuring · doi:10.1007/s10644-023-09495-8 · Cited by 11
Role of Green Finance in Greening the Economy: Conceptual Approach
Aleknevičienė, V., & Bendoraityt, A. (2022) · Central European Business Review · doi:10.18267/j.cebr.317 · Cited by 10
Effectiveness of Green Bonds in Selected CEE Countries: Analysis of Similarities
Czech, M., Hadaś-Dyduch, M., & Puszer, B. (2023) · Risks · doi:10.3390/risks11120214 · Cited by 10
Yang, H., Zou, J., Luo, Y., Wang, Y., Qiu, Y., & Guo, H. (2024) · Resources Policy · doi:10.1016/j.resourpol.2024.104650 · Cited by 13
Attracting Private Investment to Renewable Energy Projects in India
Zhang, M., & Guo, M. (2024) · Utilities Policy · doi:10.1016/j.jup.2024.101816 · Cited by 13
Liu, P., Lin, B., Zhou, H., Li, X., & Papachristos, G. (2025) · Energy · doi:10.1016/j.energy.2025.137845 · Cited by 10
Hu, S., Zhang, P., & Wei, T. (2022) · International Journal of Environmental Research and Public Health · doi:10.3390/ijerph191710771 · Cited by 10
Singhania, M., Gupta, S., Chadha, G. Κ., Braune, É., Dana, L., & Idowu, S. Ο. (2023) · Environmental Science and Pollution Research · doi:10.1007/s11356-023-27828-y · Cited by 10
Green finance and low carbon technology innovation: Current research and future outlook
Siddiqui, A., Siddiqui, M., & Kautish, P. (2023) · Elsevier eBooks · doi:10.1016/b978-0-443-15936-7.00015-3 · Cited by 10
Green bonds’ liquidity in COVID-19 and low carbon investments in China: A stochastic trend analysis
Wang, Y., & Chang, L. (2022) · Environmental Science and Pollution Research · doi:10.1007/s11356-022-24623-z · Cited by 10
Sharma, A., & Kautish, P. (2023) · Elsevier eBooks · doi:10.1016/b978-0-443-15936-7.00008-6 · Cited by 9
Analysis of Stakeholders Interests in Green Finance
Arunachalam, M. (2024) · Palgrave studies in impact finance · doi:10.1007/978-3-031-65756-6_4 · Cited by 10
Banking on circularity: can financial institutions become the engines of a regenerative economy?
Munonye, W. C., & Munonye, D. I. (2025) · Frontiers in Environmental Economics · doi:10.3389/frevc.2025.1588384 · Cited by 10
Zhao, X., Ke, X., & Jiang, S. (2025) · Energy Conversion and Management · doi:10.1016/j.enconman.2025.120200 · Cited by 9
Yin, J., Ibrahim, S., Mohd, N. N. A., Zhong, C., & Mao, X. (2023) · Environmental Science and Pollution Research · doi:10.1007/s11356-023-31231-y · Cited by 9
Li, W., & Nadeem, M. (2024) · Heliyon · doi:10.1016/j.heliyon.2024.e33446 · Cited by 8
RetractedZhang, H., & Jin, J. (2024) · Economic Change and Restructuring · doi:10.1007/s10644-024-09669-y · Cited by 8
Zhang, Q., Wei, R., & Fan, S. (2024) · Applied Energy · doi:10.1016/j.apenergy.2024.125230 · Cited by 8
Economic uncertainty and renewable energy investment
Nyiwul, L., Hu, Z., Koirala, N. P., & Wasson, H. (2025) · International Economics and Economic Policy · doi:10.1007/s10368-025-00675-7 · Cited by 8
Zaporozhets, A. O., Khaustova, V. Y., Kyzym, M. O., & Валеріївна, Т. Н. (2026) · Energies · doi:10.3390/en19020422 · Cited by 8
Tiikkainen, O., Pihlajamaa, M., & Åkerman, M. (2022) · Environmental Innovation and Societal Transitions · doi:10.1016/j.eist.2022.10.006 · Cited by 8
Ji, X., Tang, Y., & Shao, W. (2022) · Frontiers in Environmental Science · doi:10.3389/fenvs.2022.1037162 · Cited by 8
Liu, Z., & Hatab, A. A. (2022) · Economic Change and Restructuring · doi:10.1007/s10644-022-09414-3 · Cited by 8
Stretching or conforming? Financing urban climate change adaptation in Copenhagen
Whittaker, S., & Jespersen, K. (2022) · Buildings and Cities · doi:10.5334/bc.238 · Cited by 7
The effect of collateral-based monetary policy on green finance: Evidence from China
Wang, P., & Lu, Z. K. (2024) · Oeconomia Copernicana · doi:10.24136/oc.3001 · Cited by 7
Market-based wind power investments under financial frictions
Soysal, E. R. (2025) · Applied Energy · doi:10.1016/j.apenergy.2025.125425 · Cited by 7
Debrah, C., Chan, A. P. C., Adabre, M. A., Owusu‐Manu, D., & Antwi‐Afari, M. F. (2025) · Architecture · doi:10.3390/architecture5030075 · Cited by 7
Talha, M. (2023) · Engineering Economics · doi:10.5755/j01.ee.34.1.32837 · Cited by 7
Uncovering the asymmetric impacts of economic policy uncertainty on green financial markets in China
Xi, Z., Wang, H., Sun, Q., & Ma, R. (2023) · Environmental Science and Pollution Research · doi:10.1007/s11356-023-31122-2 · Cited by 7
Municipal Solid Waste Management and Recycling Technologies
Singh, G., Saha, P., Sharma, N., Vikanksha, V., Kaur, K., & Singh, J. P. (2024) · Practice, progress, and proficiency in sustainability · doi:10.4018/979-8-3693-4054-7.ch008 · Cited by 7
Certain Issues of Green Bonds and Their Perception by Financial Markets, with Focus on Hungary
Sági, J. (2020) · Polgári szemle · doi:10.24307/psz.2020.1227 · Cited by 7
Metadata
- Authors
- Hafner, S., Jones, A., Anger-Kraavi, A., & Pohl, J.
- Affiliations
- Anglia Ruskin University (GB)
- University of Cambridge (GB)
- Corresponding author
- Hafner, Sarah
- Venue
- Environmental Innovation and Societal Transitions
- Publisher
- Elsevier BV
- Published
- 2020-03
- Volume
- 34
- Pages
- 26-60
- ISSN
- 2210-4224 (ISSN-L)
- OpenAlex
- W2990695454
- Cited by
- 318
- References
- 168
- Citations by year
- 2026: 30 · 2025: 50 · 2024: 76 · 2023: 69 · 2022: 50 · 2021: 28 · 2020: 14
- FWCI
- 27.88
- Type
- journal article
- Language
- en
- Open access
- green
- figshare.com
- Licence
- Locations
- Environmental Innovation and Societal Transitions (publishedVersion)
- Anglia Ruskin Research Online (Anglia Ruskin University) (submittedVersion)
- Figshare (submittedVersion, cc-by-nc-nd)
- Funders
- Center for Urban Science and Progress
- Economic and Social Research Council (ES/M010163/1)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Sustainable Finance and Green Bonds
- Physical Sciences › Environmental Science › Global and Planetary Change › Sustainability and Climate Change Governance
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
- Keywords
- energy decarbonization, investment barriers, policy uncertainty, short-termism, path dependence, lock-in, nonlinearity, systems theory, climate policy, UK energy sector
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
