Trinidad and Tobago’s Green Fund continued to grow in the financial year 2025, with the balance reaching TT$12.86 billion as of September 30, 2025, according to the Auditor General’s Report on the Public Accounts for 2025.
In 2025, the Green Fund increased by $1.09 billion, or 9.2 per cent, over the previous year. The Auditor General’s Report shows that the Fund opened the financial year with a balance of $11.78 billion. It received $1.06 billion in Green Fund levy collections and $48.2 million in interest on the cash balance.
After adjustments, dishonoured cheques, and payments of $21.8 million by the Ministry of Planning and Development, the closing balance stood at $12.86 billion.
The Green Fund was established under the Finance Act, 2000. Other legislative provisions that apply to the Fund include the Miscellaneous Taxes Act; the Green Fund Regulations, 2007; and the Finance Act, 2010. Its objective is to fund environmental projects implemented by NGOs and similar community groups.
The Fund is financed through the Green Fund Levy. Companies and partnerships in T&T pay 0.3 per cent of their gross income into the Fund. The Auditor General’s Report states that the Board of Inland Revenue collects the levy, while the Ministry with responsibility for the environment manages activities financed by the Fund.
Despite the growth of the fund, disbursements have been relatively small over time compared with the total balance.
A recent example of Green Fund-supported activity is the Future Fishers initiative along Trinidad’s Northeast coast. In September 2025, the Ministry of Planning, Economic Affairs and Development highlighted achievements from the project, which was supported by a Green Fund grant of approximately $8 million awarded in 2020. The project, titled Capacity Building of Fishers Initiative for Sustainable Harvest, Education and Research, focusses on sustainable fisheries, marine resource conservation, training and livelihood development.
The 2025 milestones highlighted by the Ministry included smoked fish product development; training in small engine repair, first aid, safety at sea, and leadership and financial management; as well as the mapping of sensitive fish habitats and the creation of a fisheries baseline dataset. The Ministry also reported that 96 people from fishing communities received first aid training, 69 fishers were trained in safety at sea, 22 fishers were trained in engine repair, and 18 fishers were trained in leadership and financial management.
At the time the Green Fund was developed, the focus was mainly on local environmental work, including habitat protection, reforestation, and conservation.
Since then, T&T’s environmental priorities have expanded. Climate adaptation, emissions reduction, energy efficiency, and renewable energy have also become important areas of interest.
While the fund has certainly performed well over time, the current use case is fairly narrow. There is an opportunity to also expand the fund to include climate change, greenhouse gas reduction, and climate adaptation activities. These types of activities are not covered under the existing rules of the fund.
