Bill > SB941

This bill establishes a Green a Bonds Working within Working Group within the the the Business, Economic Development Economic Development and Tourismens and Tourism to to develop recommendations for creating a state green bonds financing bonds program address that will address climate infrastructure change environmental challenges. The working group will include consists nine members, including including government officials from legislative representatives, and and nonprofit representatives with experience in environmental conservation and climate climate and changeigation, who will be tasthe feasibility 07 theond developing green bonds program that can finance projects related to climate changes to climate changes mitsustainability and adaption,, environmental conservation,ion, and sustainabilityy sustainability. green Bondsthe are which are specialized financial instrument designed tob fund environmentally responsible projects, will be evaluated evaluated using principles provided from the International Capital Market AssociationAss(ICXMA), working group will develop specific tasks include developing program recommendations, evaluopportunitiesistic funding mechanisms determining qualifying projects,, collaborating with other stake solders, and estimanalyzing green bond principles, estimating program establishment costs. The group. The working groupup is required to submit a a comprehensive report toeslthe legislature no than before the 2026 ul session and will dissolved automatically dissolve onboard June 30,,, 2026.T026.

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https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=941&year=2026