Sustainable Development Goals in India-A Study

  • Unique Paper ID: 171809
  • Volume: 4
  • Issue: 9
  • PageNo: 482-486
  • Abstract:
  • The World Bank and International Monetary Fund reported that the achievement of the 17 Sustainable Development Goals (SDGs) requires an escalation of development finance. The report Scaling Finance for the Sustainable Development Goals highlighted the urgency of the efforts to realize SDGs in encouraging financial innovation to move quickly. Using the bibliometric analysis on a corpus of 492 Scopus-indexed documents, this study comprehensively analyses the literature on sustainable finance, revealing significant growth from one article in 1991 to 53 in 2024, with 2023 being the peak publication year. The highest citations occurred in 2020, totaling 1,531. Saini, N. and Singhania, M. are among the most productive authors, while Rehman, M.A. leads in citations. Garcia A.S. ranks first among the most cited authors. The Journal of Cleaner Production is the most productive and cited journal. Universitas Indonesia and Kwame Nkrumah University Malaysia are the top productive institutions. Keyword analysis highlights "Sustainable Development" as a central theme, with emerging markets prominently featured. Gracia A.S. leads collaborative research activities, indicating strong interdisciplinary cooperation in sustainable finance. Even if the role of finance in achieving SDGs is unquestionable, few scientific studies have addressed these issues. We tried to fill the existing research gap. In this study, we examined the link between sustainable finance and SDGs based on European Union countries belonging to the OECD. We present a new and the original research approach. We assumed that the sustainable finance model plays a fundamental role in implementing SDGs (all SDGs were analysed except for SDG 6 and SDG14, due to lack of statistics were not analysed) and ensuring that social and environmental sustainability are reflected in SDGs. The results of this study show that the more sustainable the finance model, the better the achievement of SDGs in the group of analysed countries. We found a strong link between sustainable finance model and social sustainability; environmental sustainability.

Cite This Article

  • ISSN: 2349-6002
  • Volume: 4
  • Issue: 9
  • PageNo: 482-486

Sustainable Development Goals in India-A Study

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