Planning, right financial products can help governments address potential risk of a disaster to budgets: CDRI’s Prothi

Risk transfer instruments can offer cost-effective alternatives to measures aimed at mitigating significant long-term climate threats to the economy, said Amit Prothi, director general of the Coalition for Disaster Resilient Infrastructure (CDRI). CDRI, a multilateral organization based in New Delhi, was launched by Prime Minister Narendra Modi at the 2019 United Nations (UN) Climate Action…

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