Carbon Finance in Sustainable Supply Chains: Insights From a Systematic Review of the Literature

Reducing the carbon footprint in supply chains increasingly depends on how effectively carbon finance is integrated into supply chain management. This paper reviews how financial mechanisms designed to reduce carbon emissions are being applied across supply chains. A structured process was used to select relevant articles published between 2011 and 2024, filtered by subject, document type, and language. The final dataset consists of 47 peer‐reviewed articles sourced from the Scopus database and shortlisted from ABDC ranked A and A* journals. To analyze publication patterns, thematic clusters, and influential contributions, bibliometric techniques were applied using R Studio and VOSviewer. The review explores how methods such as carbon pricing, financial incentives, and offsetting schemes can drive lower emissions throughout supply networks. It brings together insights from the selected studies, summarizing their methodologies, theoretical approaches, and findings while identifying key gaps and directions for future research. Our goal is to shed light on: (i) current research trends in this area; (ii) the challenges of linking carbon finance with supply chains; (iii) the diversity of research techniques used; (iv) potential areas for future study; and (v) how the literature can be synthesized into a broader understanding of the field.