Coalition for Disaster Resilient Infrastructure (CDRI)

Why in news?

• India recently signed the Headquarter Agreement with the Coalition for Disaster Resilient Infrastructure (CDRI), thereby according the status of an 'independent and international legal entity' to CDRI.
• The pact will enable it to pursue functions internationally with all rights, immunities, and privileges, as per the United Nations (Privileges & Immunities) Act, 1947.

 About Coalition for Disaster Resilient Infrastructure (CDRI):

• The Coalition for Disaster Resilient Infrastructure (CDRI) is an international partnership of governments and other agencies.
• It aims to promote the resilience of new and existing infrastructure systems to climate and disaster risks in support of sustainable development.
• Prime Minister of India launched the CDRI on September 23, 2019 during his speech at the UN Climate Action Summit. The CDRI Secretariat is based in New Delhi.
• CDRI will give member countries technical support and capacity development, research and knowledge management, and advocacy and partnerships to enable and boost investment in disaster-resilient infrastructure systems.
• Members: 22 countries and 7 organisations.

CDRI Funding

• A major part of the funding required to cover costs for the first five years has been provided by India.
• The members are not obliged to make any financial contributions to the coalition.
• However, they can voluntarily contribute financially or in other ways such as assigning experts to the CDRI Secretariat, hosting meetings etc.

PRACTICE QUESTION:

Consider the following statements regarding Coalition for Disaster Resilient Infrastructure (CDRI):

1. It is launched by European Union

2. The members of the coalition are obliged to make pre-determined financial contributions annually.

Which of the statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Answer