HCR 106 Summary

• Requests the Hawaii State Energy Office to conduct a feasibility study on establishing a green bonds program in Hawaii to finance clean energy and climate change initiatives.

• Study must evaluate best practices for managing green bonds programs, clean energy initiatives that could benefit from green bonds funding, and opportunities for interagency and public-private sector partnerships.

• Aligns with the Governor's January 28, 2025 executive order to accelerate renewable energy development, including achieving 100 percent renewable energy by 2035 on neighbor islands and installing 50,000 distributed renewable energy systems by 2030.

• Hawaii State Energy Office must submit findings, recommendations, and any proposed legislation to the Legislature no later than twenty days before the Regular Session of 2026 convenes.

• Certified copies of the resolution shall be transmitted to the Governor and the Chief Energy Officer.