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July 8, 2026Discover SustainabilityOpen Access

A PRISMA-based systematic literature review and bibliometric analysis on the role of Development Financial Institutions in advancing ESG integration for sustainable development

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Authors

AMAsep Yusup MamunLVLászló Várallyai

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Overview

Randomized trial analyzes ESG integration mechanisms in Development Financial Institutions, suggesting key frameworks for sustainable finance.

Key Points

  • This study aims to review the role of Development Financial Institutions in promoting Environmental, Social, and Governance integration for sustainable development.
  • Conducted a PRISMA-based systematic literature review of 826 peer-reviewed articles from 1996 to 2024.
  • Applied bibliometric techniques including citation network analysis and keyword co-occurrence mapping.
  • Identified dominant mechanisms through which DFIs foster ESG adoption.
  • Four mechanisms were identified: sustainability-oriented financial instruments, ESG-linked lending, private sector engagement, and SDG-aligned investment strategies.
  • Literature growth is rapid but key gaps in integrative models and empirical evidence in high-risk environments exist.
  • Evidence on the effectiveness of ESG frameworks is limited, especially in the Global South.

Cite This Study

Mamun et al. (2026) studied this question.

synapsesocial.com/papers/6a4de804d2ea289ef6282d83https://doi.org/10.1007/s43621-026-04014-x
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