NEW DELHI: More than 22 countries have confirmed participation in a two-day international meet India is hosting along with the UN from Monday to build a global coalition for development of disaster resilient infrastructureon the lines of the Solar Alliance of 120 countries.
According to the agenda note prepared for the two-day meet, India is likely to spend $1.5 trillion on infrastructure in the next 10 years. Considering that globally, these investments are 10 times more, the UN Office for Disaster Risk Reduction (UNISDR) is partnering to achieve regional and global targets towards cutting down disaster deaths and economic losses due to natural hazards. Annually, these losses are estimated at over $306 billion.
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Themes
Critical infrastructure
Country and region
India