---
title: "Green bonds research: papers, trends and top journals"
description: "From 2017 to 2026 (so far), the keyword “green bonds” appeared in 647 papers in the tracked journals, most of them in finance (372), economics (215) and management (42)."
url: https://scholar4ai.com/keywords/green-bonds
markdown_url: https://scholar4ai.com/keywords/green-bonds.md
license: CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/)
share_text: "From 2017 to 2026 (so far), the keyword “green bonds” appeared in 647 papers in the tracked journals, most of them in finance (372), economics (215) and management (42). (as of 2026-11-03)"
data_url: https://scholar4ai.com/data/rankings.json
updated: 2026-11-03T18:03:37+09:00
window: 2026-10-05 to 2026-11-03
source: OpenAlex (CC0)
---

# Papers on “green bonds”

Research on “green bonds” in the 480 tracked journals: papers per year and category, the journals, institutions and countries publishing it, the keywords studied with it and its most-cited papers. It is not among the most frequent keywords of the last 30 days, so this page has no list of its latest papers.

Back to the ranking: https://scholar4ai.com/rankings/keywords.md

## Key findings

- From 2017 to 2026 (so far), the keyword “green bonds” appeared in 647 papers in the tracked journals, most of them in finance (372), economics (215) and management (42).
- 166 of them were published in 2025, against 1 in 2017.
- Since 2023, the institutions with the most of these papers were Lebanese American University (23), Tunis El Manar University (16) and Qingdao University (13).
- The journals publishing most of them were Finance research letters (60), International Review of Economics & Finance (43) and Energy Economics (42).
- The most-cited of them is “The effect of pro-environmental preferences on bond prices: Evidence from green bonds” (Journal of Banking & Finance, 2018), with 1,378 citations.

## Papers per year

*Papers per publication year and category*

| Category | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (so far) |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| [Finance](https://scholar4ai.com/categories/finance.md) | 1 | 4 | 4 | 8 | 17 | 42 | 46 | 73 | 112 | 65 |
| [Economics](https://scholar4ai.com/categories/economics.md) | 0 | 3 | 4 | 9 | 14 | 37 | 42 | 45 | 42 | 19 |
| [Management](https://scholar4ai.com/categories/management.md) | 0 | 0 | 0 | 4 | 3 | 7 | 5 | 9 | 7 | 7 |
| [Operations Research](https://scholar4ai.com/categories/operations-research.md) | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 2 | 4 | 3 |
| [Accounting](https://scholar4ai.com/categories/accounting.md) | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 1 |
| [AI](https://scholar4ai.com/categories/ai.md) | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| All categories | 1 | 7 | 9 | 21 | 35 | 90 | 94 | 129 | 166 | 95 |

## Where the papers come from

*Journals with the most papers, since 2023*

| # | Journal | Papers |
|---:|---|---:|
| 1 | [Finance research letters](https://scholar4ai.com/journals/finance-research-letters.md) | 60 |
| 2 | [International Review of Economics & Finance](https://scholar4ai.com/journals/international-review-of-economics-finance.md) | 43 |
| 3 | [Energy Economics](https://scholar4ai.com/journals/energy-economics.md) | 42 |
| 4 | [International Review of Financial Analysis](https://scholar4ai.com/journals/international-review-of-financial-analysis.md) | 35 |
| 5 | [Research in International Business and Finance](https://scholar4ai.com/journals/research-in-international-business-and-finance.md) | 32 |
| 6 | [Resources Policy](https://scholar4ai.com/journals/resources-policy.md) | 26 |
| 7 | [Economic Analysis and Policy](https://scholar4ai.com/journals/economic-analysis-and-policy.md) | 21 |
| 8 | [The North American Journal of Economics and Finance](https://scholar4ai.com/journals/the-north-american-journal-of-economics-and-finance.md) | 21 |
| 9 | [Financial Innovation](https://scholar4ai.com/journals/financial-innovation.md) | 14 |
| 10 | [Technological Forecasting and Social Change](https://scholar4ai.com/journals/technological-forecasting-and-social-change.md) | 11 |

*Institutions with the most papers, since 2023*

| # | Institution | Papers |
|---:|---|---:|
| 1 | [Lebanese American University](https://scholar4ai.com/institutions/lebanese-american-university.md) | 23 |
| 2 | Tunis El Manar University | 16 |
| 3 | [Qingdao University](https://scholar4ai.com/institutions/qingdao-university.md) | 13 |
| 4 | Pusan National University | 12 |
| 5 | Sultan Qaboos University | 12 |
| 6 | Indian Institute of Management Bodh Gaya | 10 |
| 7 | [Swansea University](https://scholar4ai.com/institutions/swansea-university.md) | 10 |
| 8 | [Central South University](https://scholar4ai.com/institutions/central-south-university.md) | 9 |
| 9 | [University of Economics Ho Chi Minh City](https://scholar4ai.com/institutions/university-of-economics-ho-chi-minh-city.md) | 8 |
| 10 | University of Ghana | 8 |

*Countries with the most papers, since 2023*

| # | Country | Papers |
|---:|---|---:|
| 1 | China | 225 |
| 2 | United Kingdom | 52 |
| 3 | Italy | 41 |
| 4 | France | 36 |
| 5 | India | 32 |
| 6 | United States | 30 |
| 7 | Turkey | 29 |
| 8 | South Korea | 26 |
| 9 | Lebanon | 24 |
| 10 | Tunisia | 23 |

*Keywords with the most papers, since 2023*

| # | Keyword | Papers |
|---:|---|---:|
| 1 | [green finance](https://scholar4ai.com/keywords/green-finance.md) | 146 |
| 2 | [COVID-19 pandemic](https://scholar4ai.com/keywords/covid-19-pandemic.md) | 77 |
| 3 | [China](https://scholar4ai.com/keywords/china.md) | 51 |
| 4 | sustainable finance | 50 |
| 5 | [portfolio diversification](https://scholar4ai.com/keywords/portfolio-diversification.md) | 40 |
| 6 | [hedging](https://scholar4ai.com/keywords/hedging.md) | 38 |
| 7 | [spillover effects](https://scholar4ai.com/keywords/spillover-effects.md) | 36 |
| 8 | [Russian invasion of Ukraine](https://scholar4ai.com/keywords/russian-invasion-of-ukraine.md) | 35 |
| 9 | [geopolitical risk](https://scholar4ai.com/keywords/geopolitical-risk.md) | 30 |

## Most-cited papers

*Most-cited papers since 2017*

| # | Citations | Per month | Title | Journal | Published | Authors |
|---:|---:|---:|---|---|---|---|
| 1 | 1,378 | 14.3 | [The effect of pro-environmental preferences on bond prices: Evidence from green bonds](https://doi.org/10.1016/j.jbankfin.2018.10.012) | [Journal of Banking & Finance](https://scholar4ai.com/journals/journal-of-banking-finance.md) | 2018-10-25 | Olivier David Zerbib |
| 2 | 1,159 | 10.9 | [Do Shareholders Benefit from Green Bonds?](https://doi.org/10.1016/j.jcorpfin.2018.12.001) | [Journal of Corporate Finance](https://scholar4ai.com/journals/journal-of-corporate-finance.md) | 2018-01-01 | Dragon Yongjun Tang, Yupu Zhang |
| 3 | 1,133 | 22.3 | [Dissecting green returns](https://doi.org/10.1016/j.jfineco.2022.07.007) | [Journal of Financial Economics](https://scholar4ai.com/journals/journal-of-financial-economics.md) | 2022-08-12 | Ľuboš Pástor, Robert F. Stambaugh, Lucian A. Taylor |
| 4 | 772 | 7.6 | [Green bond and financial markets: Co-movement, diversification and price spillover effects](https://doi.org/10.1016/j.eneco.2018.05.030) | [Energy Economics](https://scholar4ai.com/journals/energy-economics.md) | 2018-05-29 | Juan C. Reboredo |
| 5 | 562 | 6.0 | [Where's the Greenium?](https://doi.org/10.1016/j.jacceco.2020.101312) | [Journal of Accounting and Economics](https://scholar4ai.com/journals/journal-of-accounting-and-economics.md) | 2019-01-01 | David F. Larcker, Edward M. Watts |

## Cite this page

Scholar4AI. (2026). Papers on “green bonds”. Journal and Conference Research Rankings. Retrieved November 3, 2026, from https://scholar4ai.com/keywords/green-bonds

```bibtex
@misc{scholar4ai-keywords-green-bonds,
  author = {{Scholar4AI}},
  title = {Papers on “green bonds”},
  year = {2026},
  howpublished = {\url{https://scholar4ai.com/keywords/green-bonds}},
  urldate = {2026-11-03},
  note = {Journal and Conference Research Rankings; data from OpenAlex (CC0); licensed CC BY-NC 4.0}
}
```

License: CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/).