
Global Facility for Disaster Reduction and Recovery (GFDRR)
Why in news?
- India has chosen as co-chair of the Consultative Group (CG) of Global Facility for Disaster Reduction and Recovery (GFDRR) for the fiscal year 2020.
- The decision was taken during the CG meeting of 6th Session of GPDRR 2019.
More in news
- About GFDRR:(1) GFDRR is a global partnership that helps developing countries better understand and reduce their vulnerability to natural hazards and climate change.(2) GFDRR is a grant-funding mechanism, managed by the World Bank, that supports disaster risk management projects worldwide.(3) It is presently working on the ground with over 400 local, national, regional, and international partners and provides knowledge, funding, and technical assistance.
- India’s participation in GFDRR:(1) India became member of CG of GFDRR in 2015 and expressed its interest to co-chair in last meeting of CG held in October 2018.(2) India’s candidature was backed by its consistent progress in disaster risk reduction (DRR) in the country and its initiative to form a coalition on disaster resilient infrastructure.
Source
PIB