Current Affairs In Detail

UK Confirmed as 1st co-chair in India-Led Climate Change Initiative CDRI
UK Confirmed as 1st co-chair in India-Led Climate Change Initiative CDRI

The council is co-chaired by India and a representative of another national government nominated by rotation every two years.

23 March 2020 Current Affairs:The United Kingdom (UK) was confirmed as the first co-chair of the governing council of India-led global Coalition for Disaster Resilient Infrastructure (CDRI). 
Governing Council of CDRI is the highest policy-making body of the society. The council is co-chaired by India and a representative of another national government nominated by rotation every two years. The UK Secretary of State for Business, Energy, and Industrial Strategy, Alok Sharma, represented the UK at the first council meeting. The minister is President of the 2020 UN Climate Change Conference (COP26). He held a meeting with Pramod Kumar Mishra, the Indian Prime Minister's Principal Secretary, over videoconference. The UK will host COP26 in Glasgow in November 2020.

CDRI:
The proposal to establish CDRI was initiated and approved by the Prime Minister Narendra Modi on 13 August 2019. The supporting secretariat was set up in New Delhi, India. The memorandum and regulations of the CDRI society was prepared by the National Disaster Management Authority. CDRI is a voluntary international grouping, linking governments, UN agencies, banks, private sector groups, and academia to develop the resilience of infrastructure systems to climate and disaster risks.
CDRI aims to bring together the largest number of state heads to generate commitments to combat the effects of climate change and resulting disasters. India has announced Rs.480 crore to the CDRI for the next five years. It will help fund technical assistance and research projects, setting up offices and covering recurring expenditures under the initiative.