Environmental Finance and Impact Investing -status Quo and Future Research

This report provide an Environmental finance , encompassing carbon, energy, and climate finance, has become increasingly influential in both theory and practice. However, the field’s varied definitions, fragmented research streams, and diverse viewpoints hinder its coherent development. Through a systematic literature review of 117 high-quality articles, this study organises EF into three meta-themes: (1) EF types and markets, (2) impact investing within EF, and (3) EF business models. It identifies key obstacles—such as inconsistent terminology, lack of measurement standards, and financing gaps—and proposes a focused research agenda.