2023-08-28T11:42:17-05:00 2022-12-31 941254756 HOOD & STRONG LLP 60 SO MARKET ST STE 200 SAN JOSE CA 95113 990 2022-01-01 264129153 CLIMATE POLICY INITIATIVE INC CLIM 4152300791 575 MARKET STREET 514 SAN FRANCISCO CA 94105 DANIELLE KNIGHT CHIEF FINANCIAL OFFICER 4152300791 2023-08-28 1 DANIELLE KNIGHT 999009999 0 MAGA E KISRIEV P01008919 4089988400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BARBARA BUCHNER 575 MARKET STREET 514 SAN FRANCISCO CA 94105 17082218 0 X WWW.CLIMATEPOLICYINITIATIVE.ORG X 2009 DE BUILD A SUSTAINABLE, RESILIENT, AND INCLUSIVE GLOBAL ECONOMY WHILE ADDRESSING CLIMATE CHANGE. 5 4 32 4 0 0 13095518 14256094 1133090 2158349 73941 57646 506 5222 14303055 16477311 238904 349659 0 0 5179624 6287631 0 0 211841 6790456 6135207 12208984 12772497 2094071 3704814 26425515 26840346 778716 1742496 25646799 25097850 OUR MISSION IS TO HELP GOVERNMENTS, BUSINESSES, AND FINANCIAL INSTITUTIONS DRIVE ECONOMIC GROWTH WHILE ADDRESSING CLIMATE CHANGE. OUR VISION IS TO BUILD A SUSTAINABLE, RESILIENT, AND INCLUSIVE GLOBAL ECONOMY. 0 0 9689000 349659 1748837 CLIMATE FINANCE - KNOWN FOR TRACKING SUSTAINABLE INVESTMENT TRENDS, IDENTIFYING INNOVATIVE BUSINESS MODELS, AND SUPPORTING THE SOLUTIONS THAT CAN DRIVE A TRANSITION TO A LOW CARBON, CLIMATE RESILIENT ECONOMY. CPI CONDUCTS THE MOST COMPREHENSIVE MAPPING OF CLIMATE FINANCE FLOWS AVAILABLE AND CONVENES PUBLIC AND PRIVATE STAKEHOLDERS TO DESIGN AND IMPLEMENT INNOVATIVE FINANCIAL INSTRUMENTS THROUGH THE GLOBAL INNOVATION LAB FOR CLIMATE FINANCE. CPI ALSO WORKS WITH GOVERNMENTS, COMPANIES, INVESTORS, AND FOUNDATIONS AROUND THE WORLD TO ASSESS, TEST, AND REPLICATE THEIR POLICIES, PROGRAMS, AND INVESTMENTS. THE WORK ENSURES THAT RESOURCES ARE SPENT AS EFFECTIVELY AS POSSIBLE. 28 CLIENTS WERE SERVED IN 2022. 2265792 0 414734 BRAZIL POLICY CENTER - COMBINES RIGOROUS ECONOMIC, INSTITUTIONAL, AND LEGAL ANALYSIS TO IDENTIFY AREAS FOR IMPROVING PUBLIC POLICIES AND PROVIDES CONCRETE RECOMMENDATIONS ON HOW TO RECONCILE ECONOMIC DEVELOPMENT WITH ENVIRONMENTAL CONSERVATION. CPI WORKS CLOSELY WITH GOVERNMENT AGENCIES AND CIVIL SOCIETY TO CHART PATHS FOR IMPROVEMENT. CPI'S BRAZIL POLICY CENTER FOCUSES ON STRATEGIC AREAS, INCLUDING CLIMATE LAW AND GOVERNANCE, CONSERVATION, ENERGY, FINANCIAL INSTRUMENTS, INFRASTRUCTURE, AND SUSTAINABLE AGRICULTURE AND IS BASED OUT THE PONTIFICAL CATHOLIC UNIVERSITY OF RIO DE JANEIRO (PUC-RIO). 3 CLIENTS WERE SERVED IN 2022. 11954792 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 22 0 1 32 1 0 1 UK IN ID 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X DANIELLE KNIGHT 4152300791 575 MARKET STREET 514 SAN FRANCISCO CA 94105 X THOMAS C HELLER BOARD CHAIR 5.00 0.00 X X 22500 0 0 PAUL BREST SECRETARY 1.00 0.00 X X 0 0 0 HOWARD BAMSEY BOARD DIRECTOR 1.00 0.00 X 0 0 0 RACHEL KYTE BOARD DIRECTOR 1.00 0.00 X 0 0 0 STEWART J PAPERIN BOARD DIRECTOR 1.00 0.00 X 0 0 0 BARBARA BUCHNER GMD & ED, CLIMATE FINANCE 40.00 1.00 X 328510 0 29845 JULIANO ASSUNCAO ED, BRAZIL POLICY CENTER 40.00 0.00 X 306007 0 0 DANIELLE KNIGHT CHIEF FINANCIAL OFFICER 40.00 2.00 X 169697 0 17055 BELLA TONKONOGY PROGRAM DIR., CLIMATE FINANCE 40.00 0.00 X 155768 0 30692 ROBERT KAHN HEAD OF COMMUNICATIONS 40.00 0.00 X 126007 0 20607 BENJAMIN BROCHE ASSOC. PROGRAM DIR., CLIMATE FINANCE 40.00 0.00 X 131846 0 25036 VALERIO MICALE MANAGER UK 40.00 0.00 X 130602 0 6201 DHARSHAN WIGNARAJAH DIRECTOR UK 32.00 0.00 X 128699 0 7707 1499636 0 137143 12 0 1 0 CLIMATE POLICY INITIATIVE INDIA PRIVATE OFFICE 254-255 FIRST FLOOR SAKET NEW DELHI IN RESEARCH & ANALYSIS 1012048 VIKRAM WIDGE 3534 WHITEHAVEN PKWY NW WASHINGTON DC 20007 STRATEGIC ADVISORY SERVICES 318250 QUATRO CONSULTORIA ECONOMICA RUA EVARISTO DA VEIGA 83/604 CENTRO RIO DE JANEIRO BR RESEARCH & ANALYSIS 307284 J SAGAR ASSOCIATES SANDSTONE CREST OPP PARK PLAZA HO GURGAON HARYANA IN RESEARCH & ANALYSIS 174500 HOOD & STRONG 60 S MARKET ST 200 SAN JOSE CA 95113 AUDIT AND TAX 118654 9 5349131 8906963 14256094 CONTRACT REVENUE 541700 2158349 2158349 2158349 66224 66224 596329 604907 -8578 -8578 -8578 UBTI TAX REFUND 900099 3049 3049 GAIN ON FOREIGN EXCHANGE 900099 1252 1252 OTHER INCOME 900099 921 921 5222 16477311 2159270 0 61947 X 349659 349659 1346995 1082949 110775 153271 3545859 3428467 112109 5283 331319 321639 8033 1647 454473 405640 27441 21392 608985 582396 15527 11062 31574 23305 8269 130037 43514 86523 10232 10232 4944552 4829416 111330 3806 2060 2060 137340 113821 18843 4676 295880 238692 53498 3690 146787 129870 11327 5590 246221 241994 3218 1009 35314 35296 18 521 521 31741 3020 28721 PUBLICATIONS & DATA 111291 110876 415 BAD DEBTS 10127 10127 PRINTING & REPRODUCTION 1530 1530 12772497 11954792 605864 211841 X 15137294 14254301 3029886 5023887 1332997 4498693 24379 5370 29579 91426 298332 298332 522 0 2106599 2010714 4764259 955955 26425515 26840346 693430 585663 85286 110199 0 1046634 778716 1742496 X 15522794 14943983 10124005 10153867 25646799 25097850 26425515 26840346 X 3704814 -149113 -3759875 -344775 X 0 1 X 1 0 X 11433334 11235994 9998252 13095518 14256094 60019192 11433334 11235994 9998252 13095518 14256094 60019192 10642443 49376749 62061 69090 216504 70472 66224 484351 60503543 8015783 0.81610 0.73220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 245183 245183 0 53149 53149 0 0 PAYABLE TO CPI INDIA 1046634 1046634 X PART X, LINE 2: CPI IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND CALIFORNIA FRANCHISE AND/OR INCOME TAXES UNDER SECTION 23701D OF THE REVENUE AND TAXATION CODE. FURTHERMORE, DURING 2015, CPI APPLIED TO THE INTERNAL REVENUE SERVICE TO BE RECLASSIFIED AS A PUBLIC CHARITY AS DESCRIBED IN SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) OF THE IRC AFTER COMPLETION OF THE SIXTY-MONTH ADVANCE RULING PERIOD THAT BEGAN JANUARY 1, 2016 AND ENDED DECEMBER 31, 2020. ON JUNE 8, 2016, THE IRS ADVISED CPI THAT IT COULD BE REASONABLY EXPECTED TO TERMINATE ITS PRIVATE FOUNDATION STATUS AND THAT CPI WOULD BE TREATED AS A PUBLIC CHARITY DURING THE SIXTY-MONTH ADVANCE RULING PERIOD. CPI SUBMITTED THE REQUEST FOR MISCELLANEOUS DETERMINATION IN MARCH 2021 AND RECEIVED CONFIRMATION FROM THE IRS THAT CPI HAD TERMINATED ITS PRIVATE FOUNDATION STATUS AND IS RECLASSIFIED AS A PUBLIC CHARITY AS OF JANUARY 1, 2016. CLIMATE POLICY INITIATIVE INDIA PRIVATE LIMITED IS A TAXABLE ENTITY IN INDIA. ANY TAX LIABILITIES ARE ACCOUNTED FOR IN THE CONSOLIDATED STATEMENTS. THERE WAS NO LIABILITY FOR TAXES AT DECEMBER 31, 2022. CPI INDONESIA IS A NONPROFIT FOUNDATION ESTABLISHED UNDER THE LAWS OF THE REPUBLIC OF INDONESIA. THE FOUNDATION IS SUBJECT TO INCOME TAX ON PROFITS DERIVED FROM CONSULTING SERVICE INCOME. IN 2022, THERE WAS NO LIABILITY ARISING FROM PROFITS ON SERVICES. AS OF DECEMBER 31, 2022, THE FOUNDATION HAD A TAX LIABILITY OF $8,046 RELATED TO WITHHOLDING OF PERSONAL INCOME TAX AND THIRD-PARTY FEES. AS OF DECEMBER 31, 2022, MANAGEMENT HAS EVALUATED CPI'S TAX POSITIONS AND CONCLUDED THAT CPI HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAS NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. 1 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 1 32 PROGRAM SERVICE POLICY RESEARCH; ECONOMIC, INSTITUTIONAL AND LEGAL ANALYSIS 2202964 EUROPE (INCLUDING ICELAND & GREENLAND) 1 29 PROGRAM SERVICE CONVENING; POLICY RESEARCH; FINANCIAL ANALYSIS 3277840 EAST ASIA AND THE PACIFIC 1 29 GRANTMAKING N/A 349659 3 90 0 0 3 90 5830463 0 5830463 EAST ASIA AND THE PACIFIC TO MOBILIZE CLEAN ENERGY FINANCE WITHIN THE ENERGY SECTOR IN INDONESIA 349659 OTHER 0 1 0 1 0 1 0 0 0 PART I, LINE 2: CPI GRANTING PROCEDURES TO ENTITIES OUTSIDE THE U.S. REQUIRE GRANTEES COMPLY WITH TERMS ON PERIODIC ACCOUNTING OF EXPENDITURES AND REPORTING ON PROJECT OUTPUTS, DELIVERABLES AND PROGRESS MADE UNDER THE GRANT PURPOSE AND DESIRED OUTCOME DEFINED IN THE GRANT AGREEMENT. AFTER AN INITIAL PAYMENT, ALL SUBSEQUENT PAYMENTS ARE MADE AFTER RECEIPT OF REQUIRED FINANCIAL REPORTS AND DEMONSTRATED COMPLIANCE WITH TERMS AND CONDITIONS OF THE AGREEMENT, INCLUDING OVERALL PROGRAM PERFORMANCE. ADDITIONALLY, CPI RESERVES THE RIGHT TO INSPECT THE GRANTEE'S RECORDS AND ACCOUNTS, CONDUCT ON-SITE CAPACITY ASSESSMENTS AND/OR AUDIT THE PROJECT. CPI STAFF MONITOR PERFORMANCE THROUGH WRITTEN REPORTS, SITE VISITS, AND ONGOING COMMUNICATIONS ETC., ANY CHANGES TO TERMS, BUDGET, OR PAYMENTS ARE ONLY MADE BY A WRITTEN AMENDMENT AGREEMENT SIGNED BY ALL PARTIES. PART III ACCOUNTING METHOD: X X 0 0 0 0 0 0 0 0 0 BARBARA BUCHNER GMD & ED, CLIMATE FINANCE 328510 0 0 0 0 0 18300 0 11545 0 358355 0 0 0 JULIANO ASSUNCAO ED, BRAZIL POLICY CENTER 306007 0 0 0 0 0 0 0 0 0 306007 0 0 0 DANIELLE KNIGHT CHIEF FINANCIAL OFFICER 169697 0 0 0 0 0 11357 0 5698 0 186752 0 0 0 BELLA TONKONOGY PROGRAM DIR., CLIMATE FINANCE 152268 0 3500 0 0 0 10267 0 20425 0 186460 0 0 0 BENJAMIN BROCHE ASSOC. PROGRAM DIR., CLIMATE FINANCE 128396 0 3450 0 0 0 8491 0 16545 0 156882 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY FORM 990 WAS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR AND PROVIDED TO THE GOVERNING BOARD FOR COMMENT BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C CPI'S CONFLICT OF INTEREST POLICY COVERS ANY OFFICER, DIRECTOR, OR OTHER INTERESTED PERSONS. THE POLICY IS DISTRIBUTED AND REVIEWED ANNUALLY AND AN ACKNOWLEDGEMENT AND DISCLOSURE FORM IS SIGNED ANNUALLY BY EACH DIRECTOR. THE BOARD OF DIRECTORS IS TASKED WITH DETERMINING IF A CONFLICT OF INTEREST EXISTS. IN ORDER TO ENSURE THAT NO CONFLICT OF INTEREST REGARDING BUSINESS TRANSACTIONS WILL HAVE INFLUENCE OVER THE CORPORATION, NO DIRECTOR OR OFFICER MAY BE PRESENT FOR A VOTE BY THE BOARD ON ANY DECISION THAT WOULD DIRECTLY OR INDIRECTLY BENEFIT SUCH INTERESTED PERSON. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS SETS THE COMPENSATION OF THE EXECUTIVE DIRECTOR ANNUALLY FOLLOWING A REVIEW OF RECENT DATA FOR COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT PEER ORGANIZATIONS AND OTHER COMPETITIVE SECTORS. MANAGEMENT MAY ASSIST IN THE BOARD IN THE DATA COLLECTION. COMPENSATION DECISIONS ARE REPORTED AND MAINTAINED IN THE ORGANIZATION'S RECORDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AT WWW.CLIMATEPOLICYINITIATIVE.ORG. FORM 990, PART VII, SECTION A, LINE 1A: THOMAS C. HELLER RECEIVED COMPENSATION FOR OUTREACH AND PARTNERSHIP BUILDING DURING CALENDAR YEAR 2022. HE WAS NOT COMPENSATED FOR HIS SERVICES AS MEMBER OF THE BOARD. FORM 990, PART IX, LINE 11G RESEARCH CONSULTING: PROGRAM SERVICE EXPENSES 4,829,416. MANAGEMENT AND GENERAL EXPENSES 111,330. FUNDRAISING EXPENSES 3,806. TOTAL EXPENSES 4,944,552. FORM 990, PART XI, LINE 8: THE PRIOR PERIOD ADJUSTMENT IS AN INTERCOMPANY RECLASSIFICATION BETWEEN CPI AND ITS WHOLLY-OWNED SUBSIDIARY. THE RECLASSIFICATION HAD NO EFFECT ON CONSOLIDATED NET ASSETS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE IN FX -344,775. CLIMATE POLICY FOUNDATION OFFICE NO 210-211 1ST FLOOR DLF SAKET NEW DELHI IN 110017 RESEARCH IN CLIMATE POLICY INITIATIVE INC 1 CENDEKIA PERUBAHAN IKLIM INDONESIA FOUNDATION RDTX TOWER 11TH FL JL PROF DR SA MEGA KUNINGAN ID 12950 RESEARCH ID CLIMATE POLICY INITIATIVE INC 1 CLIMATE POLICY INITIATIVE INDIA PRIVATE LIMITED OFFICE NO 210-211 1ST FLOOR DLF SAKET NEW DELHI IN 110017 RESEARCH IN CLIMATE POLICY INITIATIVE INC C 1230121 371948 0.99900 1 0 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 CLIMATE POLICY INITIATIVE INDIA PRIVATE LIMITED M 1046634 FMV CENDEKIA PERUBAHAN IKLIM INDONESIA FOUNDATION B 349659 FMV