| Program | Green Infrastructure Bonds |
|---|---|
| Category | Financial Incentive |
| Implementing sector | State |
| Last Update | |
| State | Hawaii |
| Administrator | Hawaii Green Infrastructure Authority |
| Website | https://gems.hawaii.gov/ |
| Technologies | Solar Water Heat, Solar Thermal Electric, Solar Thermal Process Heat, Solar Photovoltaics |
| Sectors | Residential |
S.B. 1087 of 2013 established the Hawaii Green Infrastructure Authority (HGIA) for the purpose of administering Green Infrastructure Bonds to secure low-cost financing for clean energy installations, including both renewable energy and energy efficiency measures. HGIA manages the Hawaii Green Energy Market Securitization (GEMS) Program, which is intended to create a sustainable financing structure through market driven public-private partnerships that will open access to financing for more Hawaii customers and democratize access to clean energy. HGIA has a goal of using 100% of funds to finance underserved households, defined as LMI households, renters, nonprofits, small businesses, and multi-family rental projects.
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