{"id":3104,"date":"2024-06-14T00:03:27","date_gmt":"2024-06-14T00:03:27","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=3104"},"modified":"2024-06-14T00:03:27","modified_gmt":"2024-06-14T00:03:27","slug":"50m-fund-to-support-disaster-proofinfrastructure","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/50m-fund-to-support-disaster-proofinfrastructure\/","title":{"rendered":"$50m fund to support disaster-proof\ninfrastructure"},"content":{"rendered":"<p>The Coalition for Disaster Resilient  (CDRI) announced setting up theInfrastructure Resilience Accelerator Fund(IRAF) with allocation of $50 million to support global action to build robust infrastructure, especially in developing countries and small island developing nations, that can withstand the impacts of <a href=\"https:\/\/exam.pscnotes.com\/<a href=\"https:\/\/exam.pscnotes.com\/climate\">Climate<\/a>-change&#8221;>Climate Change<\/a>.<\/p>\n<p>It will be a multi-donor trust fund, managed by <a href=\"https:\/\/exam.pscnotes.com\/un\">UN<\/a> Multi-Partner Trust Fund Office, New York. Supported by India, the UK, Australia and theEuropean Union, the IRAFs multi-pronged programme will offer customised technical assistance, capacity building, research, knowledge management, and advocacy across the infrastructure life cycle for countries at all stages of development.<\/p>\n<p>The CDRI, launched byPM Narendra Modiin New York in 2019, is a <a href=\"https:\/\/exam.pscnotes.com\/partnership\">PARTNERSHIP<\/a> of national governments, UN agencies and multilateral <a href=\"https:\/\/exam.pscnotes.com\/development-banks\">Development Banks<\/a> that aims to promote the resilience of new and existing infrastructure systems to climate and disaster risks in support of <a href=\"https:\/\/exam.pscnotes.com\/sustainable-development\">Sustainable Development<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Coalition for Disaster Resilient (CDRI) announced setting up theInfrastructure Resilience Accelerator Fund(IRAF) with allocation of $50 million to support global action to build robust infrastructure, especially in developing countries and small island developing nations, that can withstand the impacts of<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[793],"class_list":["post-3104","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-12-11-22"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - 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