Report of the Financial and Administrative Committee (FAC)

The Report of the Financial and Administrative Committee (FAC), prepared by the United States as Chair, provides an overview of the administrative and financial status of the Inter-American Institute for Global Change Research (IAI), including a recommendation for the approval of the 2023-2024 Core Budget.

• The Financial and Administrative Committee (FAC) recommends that the Executive Council forward the IAI's core budget request for the coming fiscal year to the Council of the Parties for approval. The budget maintains expenses at approximately $1,400,000 and proposes no increase in country contributions for the year, although the FAC notes that increasing costs may necessitate a budget increase in the following year.
• The auditors' report for the 2021-2022 fiscal year provided an unqualified opinion, stating that the financial statements of the IAI fairly presented its financial position in all material respects.
• The IAI depends on voluntary contributions from member nations for its daily operations and research oversight. The report indicates that the long-term health of the IAI is threatened if it does not receive sustained support from all members, noting that many nations are still experiencing stress from the recovery from COVID-19.
• The FAC is a committee of the Executive Council responsible for reviewing and approving IAI Directorate staff salaries, benefits, cost of living and merit increases, and financial procedures. It also reviews financial accounts, cash flow, and draft Core Budgets before they are presented to the Executive Council and Conference of the Parties.

APA

Inter-American Institute for Global Change Research (2023). Report of the Financial and Administrative Committee (FAC). https://archive.iai.int/administrador/assets/images/ckfinder/files/IAI-COP-31-6d-en.pdf

Chicago

Inter-American Institute for Global Change Research. Report of the Financial and Administrative Committee (FAC). 2023. https://archive.iai.int/administrador/assets/images/ckfinder/files/IAI-COP-31-6d-en.pdf.

Wikipedia

{{cite report |author=Inter-American Institute for Global Change Research |title=Report of the Financial and Administrative Committee (FAC) |date=19 May 2023 |url=https://archive.iai.int/administrador/assets/images/ckfinder/files/IAI-COP-31-6d-en.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{interamericaninstituteforglobalchangeresearch2023report, author = {{Inter-American Institute for Global Change Research}}, title = {{Report of the Financial and Administrative Committee (FAC)}}, institution = {Inter-American Institute for Global Change Research}, year = {2023}, month = may, url = {https://archive.iai.int/administrador/assets/images/ckfinder/files/IAI-COP-31-6d-en.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }