Canada Raises $2 Billion in Green Bond Reopening, First to Include Nuclear Energy Expenditures

The Government of Canada has successfully re-opened its second green bond, raising $2 billion as part of its commitment to regular green bond issuances. This 10-year bond is notable for including nuclear energy expenditures under Canada’s updated Green Bond Framework, emphasizing the country’s focus on clean nuclear power in its strategy to achieve net-zero emissions by 2050. The issuance attracted strong interest from socially responsible investors, with orders exceeding $3.8 billion. Looking ahead, Canada plans to issue two smaller green bond transactions in the coming fiscal year. Additionally, the government is developing voluntary sustainable investment guidelines to mobilize private capital for green initiatives, further solidifying its role in sustainable finance. Resources: https://esgnews.com/canada-raises-2-billion-in-green-bond-reopening-first-to-include-nuclear-energy-expenditures/