EU joins India’s disaster resilient infrastructure initiative

  • Climate-related extreme events are rising globally, and the pandemic has reinforced the need for robust disaster preparedness and investment in renewable energy, green infrastructure, energy and resource efficiency

Elizabeth Roche
Published18 Mar 2021, 04:01 PM IST
Prime Minister Narendra Modi.
Prime Minister Narendra Modi.(ANI)

NEW DELHI: The 27-member European Union has joined India’s Coalition for Disaster Resilient Infrastructure (CDRI) initiative, following its endorsement of the charter of the CDRI earlier.

Launched by Prime Minister Narendra Modi in 2019 at the UN Climate Change Summit, the CDRI is an international platform involving public and private sector, aiming to promote resilience of new and existing infrastructure systems to climate and disaster risks while supporting sustainable development.

Also Read | Why India needs to look east at Taiwan

According to a statement from the EU on Thursday, “climate-related extreme events are increasing globally, and the covid-19 pandemic has further reinforced the need for robust disaster preparedness and investment in renewable energy, green infrastructure, energy and resource efficiency, large-scale retrofitting, renovation projects and the circular economy.”

In this context, the CDRI is a welcome initiative to help tackle these objectives in a multilateral approach, which will help implementation of the Paris Agreement, through both global reduction of greenhouse gas emissions and enhanced climate change adaptation action, it said.

"We are happy to join CDRI, an initiative fully aligned with the objectives of the European Green Deal and of the recently adopted EU Strategy on Adaptation,” EU’s ambassador to India, Ugo Astuto said on Thursday.

"We wish to make adaptation smarter, swifter, more systemic and to step up international action. We look forward to exploring synergies and combining forces with CDRI in this respect.”

Welcoming India’s leadership of the CDRI, Astuto said, “Increased resilience, including development of sustainable and resilient infrastructure is also a key priority under the EU-India strategic partnership.”

The move comes a day after Modi addressed the International Conference on Disaster Resilient Infrastructure via video link. In his comments, the prime minister warned that given infrastructure systems spanned the entire world, effects of a disaster at one place can quickly spread.

International cooperation was imperative to ensure the resilience of such systems, he said. Countries that are making large investments in infrastructure, like India, must ensure that this was an investment in resilience and not in risk, he added.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.MoreLess
First Published:18 Mar 2021, 04:01 PM IST
HomeNewsWorldEU joins India’s disaster resilient infrastructure initiative

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Tata Steel

    157.75
    03:43 PM | 19 JUL 2024
    -8.6 (-5.17%)

    Tata Power

    414.15
    03:59 PM | 19 JUL 2024
    -15.85 (-3.69%)

    Bharat Electronics

    306.30
    03:45 PM | 19 JUL 2024
    -7.2 (-2.3%)

    Zee Entertainment Enterprises

    137.55
    03:57 PM | 19 JUL 2024
    -4.9 (-3.44%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Tata Teleservices Maharashtra

    102.11
    03:59 PM | 19 JUL 2024
    4.68 (4.8%)

    Rail Vikas Nigam

    614.00
    03:59 PM | 19 JUL 2024
    27.65 (4.72%)

    Jubilant Pharmova

    752.25
    03:43 PM | 19 JUL 2024
    25.3 (3.48%)

    One 97 Communications

    458.70
    03:55 PM | 19 JUL 2024
    13.65 (3.07%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      75,217.00292.00
      Chennai
      75,657.001,099.00
      Delhi
      74,485.00-659.00
      Kolkata
      74,485.00-73.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.75/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00
      OPEN IN APP
      HomeMarketsPremiumInstant LoanBudget