https://journals.umt.edu.pk/index.php/jarms/issue/feed 2026-05-22T15:43:24+05:00 Dr. Muhammad Farooq Islam [email protected] Open Journal Systems <p style="text-align: justify;">Journal of Applied Research and Multidisciplinary Studies (JARMS) is an open-access, biannual, double-blind peer-reviewed journal published by the School of Professional Advancement, University of Management and Technology (UMT), Lahore, Pakistan.&nbsp;</p> https://journals.umt.edu.pk/index.php/jarms/article/view/8313 2026-05-22T15:43:20+05:00 Muhammad Waqas [email protected] Shabana Naveed [email protected] Rizwana Bashir [email protected]

<p>The study aims to conduct an updated bibliometric analysis, and systematic literature review to understand the current states and role of climate finance research area in accelerating the climate action and to propose the future research directions. This study analyses the reasons behind the recent gain the valuable attention of climate finance, specifically towards sustainable development goal 13 (SDG-13) due to international negotiations. The main conclusions show that: (1) research on climate finance evolved in the last 5 years; (2) the majority of the literature, authors, and institutions involved in this field are from Germany, France &amp; China; and (3) a significant amount of the academic literature on climate finance concentrates on financing for renewable energy, the low-carbon transition, and the difficulties associated with climate funding. The study provides some practical implementations to regulatory bodies and policy makers. It also provides some future directions to researchers in climate finance from the perspective of lower-middle income countries (LMIC’s) with certain limitations regarding the lack of supplementary techniques while adapting climate finance for climate action.</p>

2026-05-22T15:18:50+05:00 Copyright (c) 2026 Muhammad Waqas, Shabana Naveed, Rizwana Bashir