QUARTERLY STATUS REPORT
Summary
This quarterly status report from the Inter-American Institute for Global Change Research (IAI) details the financial standing of the core budget as of June 30, 2014. It highlights a critical funding gap caused by unpaid contributions from major member countries, resulting in the freezing of non-essential expenses and hiring. The report also covers budget performance through April 2014, the relocation of the Directorate to Uruguay, and the status of internal administrative controls.
Key insights
- As of June 30, 2014, collected funds represented 98% of approved contributions for the 2013/2014 fiscal year, but the total amount of contributions not yet collected reached US$1.26 million.
- The IAI faces a critical financial environment due to missing contributions totaling US$360,000 at the close of the fiscal year. Specifically, Brazil has two pending contributions totaling US$220,000, while Argentina and Mexico have not paid their dues for the past fiscal year. Additionally, Venezuela's debt totals US$352,521, and Guatemala and the Dominican Republic have paid no contributions.
- Core budget expenses as of April 30, 2014, were 12.6% higher than the budget, totaling US$1,216,499. This increase was driven primarily by operational costs, which were 212.6% over budget due to the implementation of new offices in Uruguay and server management in Buenos Aires. Conversely, salaries and benefits were 7.9% lower than budgeted.
- Financial instability has forced the IAI to freeze all non-essential expenses, including hiring, travel, and Director Special Funds. The institute is unable to commit funds for new hiring, including positions for the Tripartite Agreement, until contributions from Brazil, Mexico, and Argentina are received.
- The relocation of the IAI Directorate to Uruguay is complete, with a total cost of approximately US$175,000. This move was delayed by nearly 7 months due to the approval process of the Host Country Agreement in Uruguay.
Cite the original document
- APA
- Inter-American Institute for Global Change Research (2014). QUARTERLY STATUS REPORT. https://archive.iai.int/admin/site/sites/default/files/iai-ec-37-financial-report-e.pdf
- Chicago
- Inter-American Institute for Global Change Research. QUARTERLY STATUS REPORT. 2014. https://archive.iai.int/admin/site/sites/default/files/iai-ec-37-financial-report-e.pdf.
- Wikipedia
- {{cite report |author=Inter-American Institute for Global Change Research |title=QUARTERLY STATUS REPORT |date=August 2014 |url=https://archive.iai.int/admin/site/sites/default/files/iai-ec-37-financial-report-e.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{interamericaninstituteforglobalchangeresearch2014quarterly, author = {{Inter-American Institute for Global Change Research}}, title = {{QUARTERLY STATUS REPORT}}, institution = {Inter-American Institute for Global Change Research}, year = {2014}, month = aug, url = {https://archive.iai.int/admin/site/sites/default/files/iai-ec-37-financial-report-e.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
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