Need to protect infrastructureMany countries, including India, have over the years developed robust disaster management practices that have helped in sharply reducing human casualties in a disaster. However, the economic costs of a disaster remain huge, mainly due to the damage caused to big infrastructure . Nor is it an agency that will finance infrastructure projects in member countries. CDRI hopes to have as its members not just countries, but organisations like UN bodies, financial institutions, and other groups working on disaster management. It seeks to help member countries integrate disaster management policies in all their activities, set up institutions and regulatory provisions to ensure creation of resilient infrastructure, and identify and use affordable finance and technology.

Source: Indian Express October 11, 2019 18:56 UTC