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This is a Systematic Review study.

November 9, 2025Owner

Carbon Tax, Green Innovation, and Sustainable Development: Evidence from a Systematic Literature Review

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Carbon tax acts as a catalyst for green innovation, fostering sustainable business models.
Analysis of 40 articles reveals significant roles of carbon tax in reducing emissions and promoting corporate strategies.
The systematic literature review used the PRISMA framework to assess findings from major databases on carbon tax impact.
Obstacles such as policy inconsistency and institutional weakness challenge effective implementation across developing economies.

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Systematic literature review highlights carbon tax's impact on sustainable development and corporate strategies in developing economies.

Karlinah et al. (2025) studied this question.

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