REQUESTING THE HAWAII STATE ENERGY OFFICE TO CONDUCT A STUDY EVALUATING THE FEASIBILITY OF ESTABLISHING A GREEN BONDS PROGRAM IN THE STATE.

Senate Resolution 91 requests the Hawaii State Energy Office to study whether the state should establish a green bonds program. Green bonds are financial tools that raise capital specifically for environmentally focused projects like renewable energy, conservation, and clean infrastructure. The study must examine best practices for managing such a program, identify clean energy initiatives that could benefit from funding, and explore potential partnerships between state agencies and private companies. The Energy Office must submit its findings and recommendations to the Legislature by January 2026, providing a basis for future decisions about implementing a green bonds program. This resolution does not create a program but seeks an evaluation to inform potential policy action.