Establishes a working group to develop recommendations for a green bonds program in Hawaii.
The bill establishes a green bonds working group to develop recommendations for a program that assists in financing projects related to climate change mitigation and adaptation, environmental conservation, and sustainability. The working group will evaluate opportunities for increasing investment in these projects through a green bonds program, determine eligibility criteria for funding, and collaborate with other stakeholders. The group will submit a report to the legislature by 2026, and the bill will take effect upon approval.
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