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Option 4 : Coalition for Disaster Resilient Infrastructure
The correct answer is Coalition for Disaster Resilient Infrastructure.
- Cabinet approved categorization of the Coalition for Disaster Resilient Infrastructure (CDRI) as an ‘International Organization’.
- It also signed HQA with CDRI for granting it the exemptions under the UN (Privileges & Immunities) Act, 1947.
- Categorization provides an independent and international legal persona so that it can efficiently and effectively carry out its functions internationally.
- On 28th August, 2019, the Cabinet had approved the setting up of CDRI with its Secretariat in New Delhi along with a support of Rs. 480 crore to CDRI.
- The support from Government of India serves as a corpus for CDRI to fund technical assistance and research projects on an ongoing basis, setting up the Secretariat office and covering recurring expenditures over a period of 5 years from 2019-20 to 2023-24.
- The CDRI was launched by the Hon’ble Prime Minister of India during the United Nations Climate Action Summit on the 23rd September, 2019, at New York.
- It is the second major global initiative launched by the Government of India and is a demonstration of India's leadership role in climate change and disaster resilience matters, globally.
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