Overview of the Financial Status for FY 2017-2018

The Inter-American Institute for Global Change Research (IAI) reports a critical financial situation for FY 2017-2018, with cash incomes representing only 52% of approved contributions as of 30 April 2018. While expenses were 9.9% lower than budgeted through February 2018—driven by a new economy-class travel policy and the termination of a consultancy in Argentina—the non-submission of voluntary contributions by several Parties is stressing the Directorate's ability to fulfill its mandate. The report also notes that the purchasing power of the Core Budget has decreased significantly since 1992 and that a proposed amendment to Article XIII regarding contribution increments has not yet entered into force.

• As of 30 April 2018, the IAI received cash incomes equivalent to 52% of the approved contributions for the 2017/2018 fiscal year. This lack of expected contributions is hindering the IAI Directorate's ability to complete its activities and fulfill its mandate.
• Total expenses through 28 February 2018 were 9.9% lower than the core budget forecast. Significant savings were achieved in travel and training (-48.3%) due to the implementation of an economy-class travel policy and the termination of a consultancy in the Science-Policy Liaison Directorate in Buenos Aires, Argentina.
• The IAI's cash balance at the end of March 2018 decreased by 39.5% compared to the balance at the end of April 2017. Including undisbursed funds from the United States, available funds can cover 7.1 months of operations.
• The purchasing power of the Core Budget has declined significantly; USD 5,000 in January 1992 is equivalent to USD 8,974.19 in January 2018.
• A proposed amendment to Article XIII of the Agreement, which would change contribution increments to US$ 1,000 and set a minimum contribution of US$ 5,000, has not yet entered into force because the required two-thirds of Parties have not notified the Depository.

APA

Inter-American Institute for Global Change Research (2018). Overview of the Financial Status for FY 2017-2018. https://archive.iai.int/admin/site/sites/default/files/uploads/iai-cop-26-5-annex-a-e.pdf

Chicago

Inter-American Institute for Global Change Research. Overview of the Financial Status for FY 2017-2018. 2018. https://archive.iai.int/admin/site/sites/default/files/uploads/iai-cop-26-5-annex-a-e.pdf.

Wikipedia

{{cite report |author=Inter-American Institute for Global Change Research |title=Overview of the Financial Status for FY 2017-2018 |date=5 June 2018 |url=https://archive.iai.int/admin/site/sites/default/files/uploads/iai-cop-26-5-annex-a-e.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{interamericaninstituteforglobalchangeresearch2018overview, author = {{Inter-American Institute for Global Change Research}}, title = {{Overview of the Financial Status for FY 2017-2018}}, institution = {Inter-American Institute for Global Change Research}, year = {2018}, month = jun, url = {https://archive.iai.int/admin/site/sites/default/files/uploads/iai-cop-26-5-annex-a-e.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }