2 weeks ago

CDRI Urges BRICS, G20 and Global South on Resilient Infrastructure

CDRI Urges BRICS, G20 and Global South on Resilient Infrastructure
BRICS, G20 and Global South must prioritise resilient infrastructure, says CDRI chief · wionews.com

Natural disasters damage roads, buildings, power lines and communication systems around the world.

The damage costs about $700 billion to $800 billion every year.

The wider economic harm is much larger.

Amit Prothi, who leads CDRI, says countries should design infrastructure to handle future floods, storms, earthquakes and fires.

CDRI helps governments plan stronger infrastructure, but it does not pay for construction.

It also says communication networks are especially important during emergencies.

Countries need ways to rebuild faster after disasters.

CDRI is studying insurance, private investment and new technology to improve preparation and recovery.

Key facts

Annual infrastructure losses
An estimated $700 billion to $800 billion from natural disasters, excluding indirect economic costs.
CDRI launch
Launched by India at the United Nations in New York in 2019.
Membership
CDRI has 70 members, with the Philippines expected to become the 71st.
Current co-chairs
India and Brazil currently lead the coalition; India remains its permanent co-chair.
Brazil’s estimated annual losses
Around $13 billion in infrastructure losses.
CDRI role
It helps governments incorporate resilience into infrastructure planning and design but does not directly finance projects.
Priority sectors
Telecommunications, energy and transport infrastructure.

Quotes

Amit Prothi

Director General of the Coalition for Disaster Resilient Infrastructure

“When countries build roads, power systems or telecommunications networks, we help them understand how those investments can withstand future risks from climate change and disasters.”
wionews.com
“On average, we lose about $700 to $800 billion of infrastructure every year. That's only the direct damage. The economic cost of that damage is roughly seven times higher.”
wionews.com

Sources

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