Bill > HCR106

This concurrent resolution requests the Hawaii State Energy Office (HSEO) to conduct a comprehensive study evaluating the feasibility of establishing a green bonds program in Hawaii. The resolution is grounded in Hawaii's commitment to addressing climate change, including being the first state to declare a climate emergency in 2021 and having passed legislation related to climate vulnerability. The study would examine best practices for managing green bonds, which are specialized financial instruments designed to fund sustainable and environmentally responsible projects such as renewable energy, clean transportation, conservation, and green infrastructure. Specifically, the HSEO is asked to assess clean energy initiatives that could benefit from green bond funding, explore opportunities for developing partnerships between government agencies and the private sector, and identify potential strategies for implementing such a program. The resolution requests that the HSEO submit a detailed report with findings and recommendations, including potential legislation, to the Legislature at least 20 days before the 2026 Regular Session, aligning with the state's broader goals of accelerating renewable energy development and achieving 100% renewable energy portfolio standards by 2035.

Agriculture and Natural Resources, Budget and Finance

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HCR&billnumber=106&year=2025