Bill

Bill > HR102


HI HR102

HI HR102
Requesting The Hawaii State Energy Office To Conduct A Study Evaluating The Feasibility Of Establishing A Green Bonds Program In The State.


summary

Introduced
03/07/2025
In Committee
03/27/2025
Crossed Over
Passed
Dead
Signed/Enacted/Adopted
03/27/2025

Introduced Session

2025 Regular Session

Bill Summary

RESOLUTION requesting the Hawaii State Energy office to conduct a study evaluating the feasibility of establishing a green bonds program in the state.

AI Summary

This resolution requests the Hawaii State Energy Office (HSEO) to conduct a comprehensive study evaluating the feasibility of establishing a green bonds program in the state. Green bonds are financial instruments specifically designed to fund sustainable and socially responsible projects, such as renewable energy, energy efficiency, clean transportation, and ecosystem restoration. The study is requested to explore best practices for managing a green bonds program, identify clean energy initiatives that could benefit from such funding, and examine opportunities for developing interagency and public-private sector partnerships. This request comes in the context of Hawaii's commitment to addressing climate change, including being the first state to declare a climate emergency in 2021 and a recent executive order promoting renewable energy development. The resolution asks HSEO to submit a detailed report with findings and recommendations, including potential legislation, to the Legislature no later than twenty days before the 2026 Regular Session, and to transmit certified copies of the resolution to the Governor and Chief Energy Officer.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (5)

Last Action

Report adopted; referred to the committee(s) on FIN with none voting aye with reservations; Representative(s) Garcia, Pierick voting no (2) and Representative(s) Hashem, Hussey, Templo, Ward excused (4). (on 03/27/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...