Overview of the Financial Status for FY 2024-2025
Summary
This briefing, prepared by the Chair of the Executive Council for the 33rd meeting of the Conference of the Parties to the Inter-American Institute for Global Change Research, outlines the financial status for the 2024-2025 fiscal year as of 31 March 2025. It details the status of voluntary party contributions, budget expenditures across various categories, and the current state of internal administrative controls.
Key insights
- As of 31 March 2025, the Inter-American Institute for Global Change Research had received cash income equivalent to 78% of the approved contributions for the 2024-2025 fiscal year. The Directorate has warned that delays or omissions in these voluntary contributions significantly hinder the Directorate's ability to operate and fulfill its mandate.
- Total expenditures for the first nine months of the fiscal year (July 2024 to March 2025) were 10% lower than anticipated in the core budget, which the document describes as a slight improvement over previous fiscal years.
- Specific budget category performance shows that travel and training expenses were 17.4% lower than anticipated, and operational costs were 18% lower. Salaries and benefits saw a slight reduction of 3%, though the Directorate expects these to be fully adjusted to budgeted amounts by the end of the fiscal year.
- The Institute reports no critical pending internal control issues with the FAC or external auditors. It continues to use SAP software for accounting and information management to maintain administrative and financial controls.
Cite the original document
- APA
- Inter-American Institute for Global Change Research (2025). Overview of the Financial Status for FY 2024-2025. https://archive.iai.int/administrador/assets/images/ckfinder/files/IAI-COP-33-4a-en.pdf
- Chicago
- Inter-American Institute for Global Change Research. Overview of the Financial Status for FY 2024-2025. 2025. https://archive.iai.int/administrador/assets/images/ckfinder/files/IAI-COP-33-4a-en.pdf.
- Wikipedia
- {{cite report |author=Inter-American Institute for Global Change Research |title=Overview of the Financial Status for FY 2024-2025 |date=21 March 2025 |url=https://archive.iai.int/administrador/assets/images/ckfinder/files/IAI-COP-33-4a-en.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{interamericaninstituteforglobalchangeresearch2025overview, author = {{Inter-American Institute for Global Change Research}}, title = {{Overview of the Financial Status for FY 2024-2025}}, institution = {Inter-American Institute for Global Change Research}, year = {2025}, month = mar, url = {https://archive.iai.int/administrador/assets/images/ckfinder/files/IAI-COP-33-4a-en.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
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