{"query_echo":{"q":"","filters":{"analysis_type":["economic sustainability assessment"]},"warnings":[{"code":"facet_value_not_in_vocabulary","message":"Value 'economic sustainability assessment' for facet 'analysis_type' is not in the controlled vocabulary."}]},"total":{"value":1,"relation":"eq"},"page":1,"page_size":20,"self":"https://climateinsightsdirectory.org/api/v1/search?analysis_type=economic+sustainability+assessment","stability":"beta","ai_marking":{"digital_source_type":{"uri":"http://cv.iptc.org/newscodes/digitalsourcetype/trainedAlgorithmicMedia","name":"Created using Generative AI"},"notice":"Summary and key insights are generated using artificial intelligence."},"results":[{"id":"iisd-002715","url":"https://climateinsightsdirectory.org/document/iisd-002715","title":"COMPREHENSIVE WEALTH REPORT Trinidad and Tobago","publisher":{"name":"International Institute for Sustainable Development","organization":"international-institute-for-sustainable-development"},"document_type":"report","language":"en","date_published":"2024-04","source_url":"https://www.iisd.org/system/files/2024-05/comprehensive-wealth-trinidad-and-tobago.pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The report finds that while Trinidad and Tobago's GDP grew between 1995 and 2020, its real comprehensive wealth per capita has declined by 36% since the 2008 global recession. This divergence is attributed to an over-reliance on fossil fuel assets, which have seen a nearly 98% loss in value over the study period. The analysis highlights a 'Dutch Disease' effect, where investment in the petroleum sector has crowded out agriculture, forestry, and fisheries. Human capital, the largest component of wealth, also declined by 29% from its 2008 peak. The report recommends that the government integrate comprehensive wealth measures into official policy-making to diversify the economy and ensure long-term sustainability.","ai_generated":true,"unit":"iisd-002715#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Real comprehensive wealth per capita in Trinidad and Tobago has followed an unsustainable trend, growing by only 0.6% annually from 1995 to 2020, with a steady decline of 3.6% annually between 2008 and 2020.","ai_generated":true,"unit":"iisd-002715#insight-1","date_modified":"2026-10-23"},{"text":"There is a significant divergence between GDP and comprehensive wealth; real GDP per capita grew by 3% annually from 1995 to 2020, while real comprehensive wealth per capita fell 36% below its 2008 value by 2020.","ai_generated":true,"unit":"iisd-002715#insight-2","date_modified":"2026-10-23"},{"text":"Market natural capital, primarily driven by fossil fuel assets, experienced a nearly 98% loss in value between 1995 and 2020, with the asset value estimated at nearly zero (TTD 1,743) by 2020.","ai_generated":true,"unit":"iisd-002715#insight-3","date_modified":"2026-10-23"},{"text":"The country exhibits signs of 'Dutch Disease,' where the boom in the oil sector led to a 75% decline in real per capita produced capital in the agriculture sector between 1995 and 2020.","ai_generated":true,"unit":"iisd-002715#insight-4","date_modified":"2026-10-23"},{"text":"Human capital, the largest component of total wealth, peaked in 2008 and subsequently declined by 29% to TTD 646,509 in 2020.","ai_generated":true,"unit":"iisd-002715#insight-5","date_modified":"2026-10-23"},{"text":"Investment in the education sector is heavily dependent on oil revenues; real transfers to education increased by 116% between 1998 and 2007 but fell 58% below its 2010 peak by 2020.","ai_generated":true,"unit":"iisd-002715#insight-6","date_modified":"2026-10-23"},{"text":"Trinidad and Tobago transitioned from a debtor to a lender nation in 2008, largely due to the creation of the Heritage and Stabilisation Fund (HSF) in March 2007, which reached a value of USD 5.7 billion by 2020.","ai_generated":true,"unit":"iisd-002715#insight-7","date_modified":"2026-10-23"},{"text":"Non-market natural capital is declining, with total forest area decreasing by 4.7% from 2,394 km2 in 1995 to 2,281 km2 in 2020, and evidence showing the country is becoming warmer and drier.","ai_generated":true,"unit":"iisd-002715#insight-8","date_modified":"2026-10-23"},{"text":"Social capital analysis indicates high scores for free and fair elections, cleavage/conflict management, and democratic institution performance, but the country lags in civil society traditions and has seen a decline in trust.","ai_generated":true,"unit":"iisd-002715#insight-9","date_modified":"2026-10-23"}],"climate_tags":["petroleum industry","natural capital","climate change","renewable energy","biodiversity","deforestation","economic diversity","gross domestic product"],"geography_discussed":["Trinidad","Tobago"],"frame_perspective":[],"analysis_type":["wealth accounting","economic sustainability assessment","trend analysis"]}]}