Informe del Comité sobre Temas Financieros y Administrativos (FAC)
Summary
This report details the activities and recommendations of the Financial and Administrative Committee (FAC) of the Inter-American Institute for Global Change Research (IAI) following a meeting in March 2006. The committee reviewed the 2005/2006 financial status, the 2006/2007 basic budget request, and administrative manuals, while expressing concern over budget sustainability and the impact of the US dollar's weakening against the Brazilian real.
Key insights
- The FAC expressed concern regarding the financial sustainability of the IAI, specifically noting that 100% of the budget is allocated despite not collecting 100% of contributions. Additionally, fixed costs, primarily salaries and benefits, are taking up an increasing percentage of the total budget.
- The weakening of the US dollar relative to the Brazilian real is increasing costs for the IAI. Consequently, the basic budget for 2006/2007 includes an exchange rate difference adjustment for international staff.
- The FAC requested that the IAI Executive Direction be more proactive in collecting Basic Contributions for 2005/2006, following letters sent to member countries in August 2005. The Executive Director is expected to initiate targeted outreach efforts.
- The committee recommended that the IAI Procurement Manual be reviewed by staff and approved for implementation by July 1, 2006, with a plan that includes training for all IAI personnel.
- The FAC accepted the 2004/2005 Audit Report as final and proposed seeking offers for future external audits. It recommended using detailed 'Terms of Reference' and contacting local firms with experience in grant-making organizations.
Cite the original document
- APA
- Inter-American Institute for Global Change Research (2006). Informe del Comité sobre Temas Financieros y Administrativos (FAC). https://archive.iai.int/admin/site/sites/default/files/iai-ec-22-fac-report-s.pdf
- Chicago
- Inter-American Institute for Global Change Research. Informe del Comité sobre Temas Financieros y Administrativos (FAC). 2006. https://archive.iai.int/admin/site/sites/default/files/iai-ec-22-fac-report-s.pdf.
- Wikipedia
- {{cite report |author=Inter-American Institute for Global Change Research |title=Informe del Comité sobre Temas Financieros y Administrativos (FAC) |date=24 April 2006 |url=https://archive.iai.int/admin/site/sites/default/files/iai-ec-22-fac-report-s.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{interamericaninstituteforglobalchangeresearch2006informe, author = {{Inter-American Institute for Global Change Research}}, title = {{Informe del Comité sobre Temas Financieros y Administrativos (FAC)}}, institution = {Inter-American Institute for Global Change Research}, year = {2006}, month = apr, url = {https://archive.iai.int/admin/site/sites/default/files/iai-ec-22-fac-report-s.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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