2025-11-14T08:35:48-06:00 2024-12-31 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2024-01-01 264129153 CLIMATE POLICY INITIATIVE INC CLIM 4152300791 575 MARKET STREET 514 SAN FRANCISCO CA 94105 RYAN SCHEAR GLOBAL DIRECTOR OF FINANCE 4152300791 2025-11-13 1 0 MAGA E KISRIEV P01008919 4089988400 2024 2025-03-06 01:10:19Z BARBARA BUCHNER 575 MARKET STREET 514 SAN FRANCISCO CA 94105 23306852 0 X WWW.CLIMATEPOLICYINITIATIVE.ORG X 2009 DE BUILD A SUSTAINABLE, RESILIENT, AND INCLUSIVE GLOBAL ECONOMY WHILE ADDRESSING CLIMATE CHANGE. 5 4 55 6 0 0 16786943 19070373 3651823 2988637 352388 474802 5069 4118 20796223 22537930 655922 0 0 0 7731258 10839579 0 0 194755 5575231 9797907 13962411 20637486 6833812 1900444 34132373 41194403 1511571 6165841 32620802 35028562 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 15678203 0 2969526 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 THOUGH 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. 64 CLIENTS WERE SERVED IN 2024. 3064707 0 23229 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). 11 CLIENTS WERE SERVED IN 2024. 18742910 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 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 35 0 1 55 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 RYAN SCHEAR 4152300791 575 MARKET STREET 514 SAN FRANCISCO CA 94105 X THOMAS C HELLER BOARD CHAIR 5.00 0.00 X X 22500 0 0 DR KARSTEN SACH SECRETARY 1.00 0.00 X X 0 0 0 HOWARD BAMSEY BOARD DIRECTOR 1.00 0.00 X 0 0 0 JOAQUIN LEVY BOARD DIRECTOR 1.00 0.00 X 0 0 0 STACY SWANN BOARD DIRECTOR 1.00 0.00 X 0 0 0 RACHEL KYTE BOARD DIRECTOR (THRU 10/20/24) 1.00 0.00 X 0 0 0 STEWART J PAPERIN BOARD DIRECTOR (THRU 3/20/24) 1.00 0.00 X 0 0 0 BARBARA BUCHNER GMD & ED, CLIMATE FINANCE 40.00 0.00 X 369792 0 39618 JULIANO ASSUNCAO ED, BRAZIL POLICY CENTER 40.00 0.00 X 358935 0 0 DANIELLE KNIGHT CHIEF FINANCIAL OFFICER 40.00 2.00 X 202555 0 21621 SOFIA CHANCEY DIRECTOR OF OPERATIONS 40.00 0.00 X 154788 0 35279 BELLA TONKONOGY PROGRAM DIR., CLIMATE FINANCE 40.00 2.00 X 185253 0 42018 ROBERT KAHN HEAD OF COMMUNICATIONS 40.00 0.00 X 145506 0 25487 BENJAMIN BROCHE ASSOC. PROGRAM DIR., CLIMATE FINANCE 40.00 0.00 X 160359 0 36806 VALERIO MICALE MANAGER UK 40.00 0.00 X 149773 0 10780 DHARSHAN WIGNARAJAH DIRECTOR UK 32.00 0.00 X 174458 0 13169 1923919 0 224778 20 0 1 0 CLIMATE POLICY INITIATIVE INDIA PRIVATE OFFICE 254-255 FIRST FLOOR SAKET NEW DELHI IN RESEARCH & ANALYSIS 1389814 SQUARE ASSOCIATES LEVEL 39 MBFC TOWER 2 MARINA BLVD SN 018983 RESEARCH & ANALYSIS 430300 AGROICONE AV ANGELICA 2447 17 ANDAR SAO PAULO BR CEP 01227-2 ADVISORY, RESEARCH & ANALYSIS 418000 QUATRO CONSULTORIA ECONOMICA RUA EVARISTO DA VEIGA 83/604 CENTRO RIO DE JANEIRORJ BR 20031-040 ADVISORY, RESEARCH & ANALYSIS 346079 VIKRAM WIDGE 3534 WHITEHAVEN PKWY NW WASHINGTON DC 20007 STRATEGIC ADVISORY SERVICES 325458 16 9129603 9940770 19070373 CONTRACT REVENUE 541700 2988637 2988637 2988637 482299 482299 761425 768922 -7497 -7497 -7497 OTHER INCOME 900099 4118 4118 4118 22537930 2992755 0 474802 X 1791593 1309401 369936 112256 7096436 6538145 547733 10558 284534 259606 24537 391 985011 918299 64763 1949 682005 635857 45337 811 30309 19683 10626 214311 36000 178311 13763 13763 6972058 6905918 44339 21801 12977 3898 9079 634565 545587 77974 11004 850115 697213 146110 6792 364071 293119 61880 9072 519452 467486 32029 19937 114744 86708 28036 6698 6698 32478 32478 PRINTING & REPRODUCTION 13346 13162 184 LOSS ON FOREIGN EXCHANG 12522 12522 PUBLICATIONS & DATA 6498 6130 368 20637486 18742910 1699821 194755 18947634 27658511 8151998 7540145 4538478 2521590 85090 5625 157402 131381 309078 302954 12821 6124 2095880 3193019 143070 138008 34132373 41194403 593680 1566058 89183 4350727 828708 249056 1511571 6165841 X 20700614 23988986 11920188 11039576 32620802 35028562 34132373 41194403 X 1900444 622301 11504 -126489 X 0 1 X 1 0 X 9998252 13095518 14256094 16786943 19070373 73207180 9998252 13095518 14256094 16786943 19070373 73207180 10335396 62871784 216504 70472 66224 376394 482299 1211893 74419073 11168615 0.84480 0.81980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 245183 245183 0 63895 57771 6124 6124 PAYABLE TO CPI INDIA 249056 249056 X PART X, LINE 2: CPI IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION EXEMPT FROM INCOME TAXES ON RELATED ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. CLIMATE POLICY INITIATIVE INDIA PRIVATE LIMITED IS A TAXABLE ENTITY IN INDIA. ANY TAX LIABILITIES ARE ACCOUNTED FOR IN THE CONSOLIDATED FINANCIAL STATEMENTS. THERE WAS NO LIABILITY FOR TAXES AT DECEMBER 31, 2024. CPI INDONESIA IS A NONPROFIT FOUNDATION ESTABLISHED UNDER THE LAWS OF THE REPUBLIC OF INDONESIA. CPI INDONESIA IS SUBJECT TO INCOME TAX ON PROFITS DERIVED FROM CONSULTING SERVICE INCOME. IN 2024, THERE WAS NO LIABILITY ARISING FROM PROFITS ON SERVICES AND NO LIABILITY FOR TAXES AT DECEMBER 31, 2024. AS OF DECEMBER 31, 2024, 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. SOUTH AMERICA 1 32 PROGRAM SERVICE POLICY RESEARCH; ECONOMIC, INSTITUTIONAL AND LEGAL ANALYSIS 2731748 EUROPE (INCLUDING ICELAND & GREENLAND) 1 68 PROGRAM SERVICE CONVENING; POLICY RESEARCH; FINANCIAL ANALYSIS 6753525 2 100 0 0 2 100 9485273 0 9485273 1 0 1 0 1 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. X X 0 0 0 0 0 0 0 0 0 BARBARA BUCHNER GMD & ED, CLIMATE FINANCE 369792 0 0 0 0 0 20700 0 18918 0 409410 0 0 0 JULIANO ASSUNCAO ED, BRAZIL POLICY CENTER 358935 0 0 0 0 0 0 0 0 0 358935 0 0 0 BELLA TONKONOGY PROGRAM DIR., CLIMATE FINANCE 185253 0 0 0 0 0 12397 0 29621 0 227271 0 0 0 DANIELLE KNIGHT CHIEF FINANCIAL OFFICER 202555 0 0 0 0 0 13022 0 8599 0 224176 0 0 0 BENJAMIN BROCHE ASSOC. PROGRAM DIR., CLIMATE FINANCE 160359 0 0 0 0 0 11009 0 25797 0 197165 0 0 0 SOFIA CHANCEY DIRECTOR OF OPERATIONS 154788 0 0 0 0 0 9482 0 25797 0 190067 0 0 0 DHARSHAN WIGNARAJAH DIRECTOR UK 174458 0 0 0 0 0 8481 0 4688 0 187627 0 0 0 ROBERT KAHN HEAD OF COMMUNICATIONS 145506 0 0 0 0 0 6569 0 18918 0 170993 0 0 0 VALERIO MICALE MANAGER UK 149773 0 0 0 0 0 7512 0 3268 0 160553 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 2024. HE WAS NOT COMPENSATED FOR HIS SERVICES AS MEMBER OF THE BOARD. FORM 990, PART IX, LINE 11G RESEARCH CONSULTING: PROGRAM SERVICE EXPENSES 6,905,918. MANAGEMENT AND GENERAL EXPENSES 44,339. FUNDRAISING EXPENSES 21,801. TOTAL EXPENSES 6,972,058. FORM 990, PART XI, LINE 9: CHANGE IN VALUE IN FX -126,489. 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 2419677 1220057 0.99900 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 CLIMATE POLICY INITIATIVE INDIA PRIVATE LIMITED M 249056 FMV CLIMATE POLICY INITIATIVE INDIA PRIVATE LIMITED P 1389814 FMV