Canada issues inaugural green bond

OTTAWA, March 23 (Xinhua) -- Canada issued its inaugural 7.5-year green bond worth 5 billion Canadian dollars (3.98 billion U.S. dollars) this week, Canadian Finance Ministry announced Wednesday.

In a news release, the ministry said the green bond will play an important role in financing the investments in green infrastructure and other projects that will help fight climate change and protect the environment, while also growing Canada's economy and creating new, good-paying jobs across the country.