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PM Modi launch ‘Infrastructure for Resilient Island States’ for most vulnerable countries

PM Modi launch ‘Infrastructure for Resilient Island States’ for most vulnerable countries

  • IRIS facility is a joint initiative with the Coalition for Disaster Resilient Infrastructure (CDRI) and Small Island Developing States (SIDS).
  • Small island states are uniquely threatened by climate change and rising sea levels.
  • Two Pacific islands are at risk of disappearing by the end of this century, and some communities are already having to relocate.

About Small Island Developing States

  • Small Island Developing States (SIDS) are a distinct group of 38 UN Member States and 20 Non-UN Members/Associate Members of United Nations regional commissions that face unique social, economic and environmental vulnerabilities.
  • The three geographical regions in which SIDS are located are: the Caribbean, the Pacific, and the Atlantic, Indian Ocean and South China Sea (AIS).
  • Climate change has a very tangible impact on SIDS.
  • Slow onset events such as sea level rise pose an existential threat to small island communities, requiring drastic measures such as relocation of populations, and the related challenges this poses.
  • These challenges are compounded by limited institutional capacity, scarce financial resources and a high degree of vulnerability to systemic shocks.

About new Fund

  • The new IRIS fund will support small island states to develop resilient, sustainable infrastructure that can withstand climate shocks, protecting lives and livelihoods.
  • The UK will contribute an initial £10 million to the fund, which will provide targeted technical assistance.

Coalition for Disaster Resilient Infrastructure (CDRI)

  • It is a multi-stakeholder global partnership of national governments, UN agencies and programmes, multilateral development banks and financing mechanisms, the private sector, and knowledge institutions.
  • The Prime Minister of India launched CDRI during his speech at the UN Climate Action Summit on 23rd September 2019.
  • It aims to promote the resilience of new and existing infrastructure systems to climate and disaster risks in support of sustainable development.

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