CDRI announces funding for 12 projects across 17 Small Island Developing States (SIDS) | Current Affairs | Vision IAS
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    CDRI announces funding for 12 projects across 17 Small Island Developing States (SIDS)

    Posted 20 Nov 2024

    2 min read

    The projects were announced by the Coalition for Disaster Resilient Infrastructure (CDRI) under its Infrastructure for Resilient Island States (IRIS) initiative.

    • IRIS, launched at COP26 during the World Leaders Summit, is a dedicated initiative to achieve sustainable development through a systemic approach to promote resilient, sustainable and inclusive infrastructure in SIDS.

    About SIDS

    • SIDSs are located across three geographical regions: the Caribbean; the Pacific; and the Atlantic, Indian Ocean and South China Sea (AIS).
    • Recognized, at 1992 United Nations Conference on Environment and Development, as a distinct group of 39 States and 18 Associate Members of United Nations regional commissions.

    Need of Disaster Resilient Infrastructure for SIDS

    • SIDSs are some of the world’s most disaster-prone countries with high exposure and vulnerability to hazards such as cyclones, floods, droughts, sea-level rise, earthquakes, and tsunamis.
    • Disaster mortality rate in SIDS is more than double the global average, according to Sendai Framework Monitor data.
    • On average, SIDS experience 2.1 % of GDP loss due to disasters, whereas other countries face an average of 0.3 % of GDP.

    About CDRI

    • Launched: In 2019 at United Nations Climate Action Summit.
    • It is a partnership of national governments, UN agencies, multilateral development banks to promote the resilience of new and existing infrastructure systems.
    • Members: 40 Countries and 7 Organizations.
    • Governance: Governing Council is co-chaired by representatives of two national governments, with India being the permanent co-chair.
    • Tags :
    • CDRI
    • SIDSs
    • IRIS Initiative by CDRI
    • UN Climate Action Summit
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