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The report finds that Ethiopia's real comprehensive wealth per capita grew by 103% between 1992/93 and 2019/20, primarily driven by human capital. However, this trend reversed in 2018/19 and 2019/20. While produced and market natural capital grew, financial capital declined into negative territory by 2019/20 due to high foreign debt. Non-market natural capital indicators show declining land area per capita and rising temperatures, signaling growing environmental pressures.

The report describes the 'Blue Acceleration,' a phenomenal increase in the diversity and scale of ocean-based industries since 2000. It argues that while the ocean is viewed as an economic frontier, the benefits flow disproportionately to a small number of powerful states and corporations, leaving SIDS and LDCs exposed to risks. The document details the environmental and social impacts of sectors like offshore wind, deep-sea mining, and industrial fishing, while highlighting the emergence of interconnected 'Anthropocene risks' including climate-driven regime shifts and stranded assets. It concludes by exploring the role of sustainable finance in redirecting the ocean economy toward equity and stewardship.

The report analyzes Indonesia's shift from a high fiscal reliance on oil and gas revenues to a more diversified economy. It highlights a critical imbalance where government revenues from fossil fuel production are largely offset by inefficient consumption subsidies that disproportionately benefit wealthy households. The document warns of the risk of stranded assets valued between USD 200–300 billion and argues for phasing out fossil fuel subsidies to create fiscal space for renewable energy and social development.

Indonesia has successfully reduced its fiscal reliance on oil and gas production, but continues to struggle with inefficient fossil fuel subsidies that benefit wealthy households and hinder the growth of renewable energy. While the government has diversified its economy into manufacturing and finance, contradictory policies—such as maintaining price caps on fuels and prioritizing coal for electrification—create risks of stranded assets and environmental degradation. The report argues for the complete removal of fossil fuel subsidies, the implementation of consumption-based energy taxes, and the strategic investment of resource rents into social safety nets and renewable energy infrastructure to ensure a just transition.