Bill > SCR110

This concurrent resolution requests the Hawaii State Energy Office (HSEO) to conduct a comprehensive study on establishing a green bonds program in the state, building upon Hawaii's commitment to addressing climate change and renewable energy development. The study aims to explore best practices for managing green bonds, which are specialized financial instruments designed to fund sustainable and socially responsible projects such as renewable energy, energy efficiency, clean transportation, and environmental conservation. Specifically, the HSEO is asked to evaluate management strategies for a green bonds program, identify clean energy initiatives that could benefit from such funding, and explore potential interagency and public-private sector partnerships. The resolution is contextualized by Hawaii's previous climate emergency declaration in 2021 and a recent executive order promoting renewable energy development, with the ultimate goal of submitting a detailed report to the Legislature at least 20 days before the 2026 Regular Session, including potential recommendations and proposed legislation. By requesting this study, the resolution seeks to advance Hawaii's renewable energy goals and explore innovative financing mechanisms for sustainable development.

Agriculture and Natural Resources, Budget and Finance, Government Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SCR&billnumber=110&year=2025