US pledges $9.2 mn to support climate resilient infrastructure under CDRI
The United States on Friday announced funds up to USD 9.2 million to support the global Coalition for Disaster Resilient Infrastructure (CDRI), a fund that was launched by Prime Minister Narendra Modi in 2019.
Subject to Congressional approval, the US commitment is aimed at fostering disaster and climate resilient infrastructure, said the Acting United States Agency for International Development (USAID) Administrator Gloria D Steele at the International Conference on Disaster Resilient Infrastructure.
Formally launched by India in September 2019 at the United Nations Climate Action Summit in New York, CDRI is a unique global climate initiative involving the private sector, governments, and multilateral agencies, USAID said.
