India to co-chair Consultative Group (CG) of Global Facility for Disaster Reduction and Recovery (GFDRR)

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  1. India has been selected as co-chair of the Consultative Group (CG) of Global Facility for Disaster Reduction and Recovery(GFDRR) for the fiscal year 2020.This is the first time that India will be co-chairing the CG meeting of GFDRR.
  2. This decision was taken during the meeting of GFDRR held in Geneva, Switzerland on the margins of the 6th Session of the Global Platform for Disaster Risk Reduction.
  3. GFDRR is a global partnership that helps developing countries better understand and reduce their vulnerability to natural hazards and climate change.It is a grant-funding mechanism managed by the World Bank that supports disaster risk management projects worldwide.
  4. The Consultative Group(CG) is GFDRR primary decision-making and advisory body.It consists of members and observers who sets GFDRR long-term strategic objectives and oversees expected results.
  5. India had become a member of CG of GFDRR in 2015.India had expressed its interest to co-chair during the last meeting of the group held in October 2018.
  6. This co-chairing will give India an opportunity to work with the member countries and organizations with a focused contribution towards advancing the disaster risk reduction agenda during the course of the year

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