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The IAI Executive Directorate is currently operating from provisional offices in Panama's City of Knowledge, with permanent offices expected to be fully functional following the formalization of a Headquarters Agreement with SENACYT. Financial operations remain based in Uruguay pending the opening of a bank account in Panama.

This briefing document from the IAI Directorate updates the Conference of the Parties on the implementation of Decisions XXVIII/7 and XXVIII/8 regarding the invitation for Mitacs to become an Associate of the Inter-American Institute for Global Change Research (IAI).

The Green Climate Fund (GCF) Secretariat reports progress in its public and private sector pipelines, the simplification of funding proposal templates, and the expansion of readiness support to 45 countries. Key achievements include the signing of contribution agreements with five additional countries and the launch of a new website to enhance stakeholder engagement. The Secretariat also operationalized its accreditation framework, moving 11 applicants to stage II, and provided substantive support for the development of the GCF Strategic Plan.

The IAI is implementing its tripartite governance structure, with an operational office in Montevideo supported by the Uruguayan government and a newly hired director for the Science-Policy liaison office in Buenos Aires. In Brazil, staff are finalizing the closure of banking and taxation links and working with the government to refine a Host Country Agreement for the Science Development Office.

The report details the progress of the IAI's tripartite governance, noting that offices in Montevideo and Buenos Aires are operational, while the host country agreement with Brazil faces unresolved legal issues regarding personnel privileges and immunities.