HI HB932

Establishes a Green Bonds Working Group within the Department of Business, Economic Development, and Tourism to develop recommendations for a green bonds financing program for Hawaii.

Working group shall develop recommendations for financing projects related to climate change mitigation and adaptation, environmental conservation, and sustainability, and determine eligible project types and funding criteria.

Working group membership includes the directors of DBEDT (chairperson), Finance, Board of Land and Natural Resources, Hawaii Green Infrastructure Authority, Office of Planning and Sustainable Development, plus one senate member and one house member appointed by legislative leadership.

Working group shall evaluate public-private investment opportunities, collaborate with other stakeholders implementing green bonds programs, and analyze the International Capital Market Association's Green Bonds Principles as applied to Hawaii.

Working group shall submit findings and recommendations to the legislature no later than twenty days prior to the 2026 regular session and shall cease to exist on June 30, 2026.