REPORTE TRIMESTRAL CONTABILIDAD AL 28 DE FEBRERO, 2015 CONTRIBUCIONES AL 31 DE MAYO, 2015
Summary
This quarterly financial report from the Inter-American Institute for Global Change Research (IAI), prepared for a June 2015 meeting in Lima, Peru, details the institute's operational budget, country contributions, and administrative status. It highlights a critical financial situation caused by significant unpaid contributions from member countries, particularly Brazil and Mexico, and outlines the transition of operations to Uruguay.
Key insights
- As of May 31, 2015, the IAI had received 95% of the approved contributions for the 2014/2015 fiscal year, but total outstanding contributions reached US$1.33 million.
- The IAI faces a critical financial environment due to missing funds totaling approximately US$460,000 at the close of the fiscal year. Brazil has three pending contributions totaling US$340,000, and Mexico has not paid for the current fiscal year despite paying for 2013/2014. Additionally, Guatemala and the Dominican Republic have never paid their contributions.
- Accumulated expenses through February 2015 were 1.9% below the budget for that period (which represented 75% of the total budget). The IAI expects total annual expenses to be 4% lower than the annual budget.
- The cash balance at the end of February 2015 was 29.9% lower than the balance at the end of April 2014. Operating reserves cover 3.1 months of operations, which would increase to 8.7 months if committed funds from the United States are included.
- The IAI is consolidating operations in Uruguay, where offices in Montevideo are 100% functional. Conversely, the Tripartite Agreement has not been implemented in Brazil, creating a high-risk environment for the extended Directorate and financial complications due to US$470,000 in pending contributions from two involved parties (Argentina and Brazil).
Cite the original document
- APA
- Inter-American Institute for Global Change Research (2015). REPORTE TRIMESTRAL CONTABILIDAD AL 28 DE FEBRERO, 2015 CONTRIBUCIONES AL 31 DE MAYO, 2015. https://archive.iai.int/admin/site/sites/default/files/iai-ec-39-financial-report-s.pdf
- Chicago
- Inter-American Institute for Global Change Research. REPORTE TRIMESTRAL CONTABILIDAD AL 28 DE FEBRERO, 2015 CONTRIBUCIONES AL 31 DE MAYO, 2015. 2015. https://archive.iai.int/admin/site/sites/default/files/iai-ec-39-financial-report-s.pdf.
- Wikipedia
- {{cite report |author=Inter-American Institute for Global Change Research |title=REPORTE TRIMESTRAL CONTABILIDAD AL 28 DE FEBRERO, 2015 CONTRIBUCIONES AL 31 DE MAYO, 2015 |date=June 2015 |url=https://archive.iai.int/admin/site/sites/default/files/iai-ec-39-financial-report-s.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{interamericaninstituteforglobalchangeresearch2015reporte, author = {{Inter-American Institute for Global Change Research}}, title = {{REPORTE TRIMESTRAL CONTABILIDAD AL 28 DE FEBRERO, 2015 CONTRIBUCIONES AL 31 DE MAYO, 2015}}, institution = {Inter-American Institute for Global Change Research}, year = {2015}, month = jun, url = {https://archive.iai.int/admin/site/sites/default/files/iai-ec-39-financial-report-s.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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