World Bank Current Affairs - 2019

Category Wise PDF Compilations available at This Link

International Workshop on Disaster Resilient Infrastructure

International Workshop on Disaster Resilient Infrastructure was organised at Delhi by the National Disaster Management Authority (NDMA) in collaboration with United Nations Office for Disaster Risk Reduction (UNISDR), and in partnership with the Global Commission on Adaptation, United Nations Development Programme and the World Bank.

International Agreement for Disaster-Resilient Infrastructure

Sendai Framework for Disaster Risk Reduction (SFDRR), 2015-2030

The agreement is the first major agreement of the post-2015 development agenda which identifies investing in Disaster Risk Reduction (DRR) for resilience and to build back better in reconstruction as priorities for action towards reducing disaster risk.

Sustainable Development Goals

Goal 9 of the Sustainable Development Goals (SDGs) recognizes disaster resilient infrastructure as a crucial driver of economic growth and development.

Objectives of the Workshop

  • Identify good practices of disaster risk management in key infrastructure sectors.
  • Identify specific areas and pathways for collaborative research on DRI (Transport, Energy, Telecom and Water).
  • Discuss and co-create the broad contours of the Coalition for Disaster-Resilient Infrastructure (CDRI) as well as a notional roll-out plan for the next three years.
  • Build a forum for members to work on areas of common interest and make specific commitments.

The workshop brought together countries from different parts of the world, multilateral development banks, UN agencies, academia and research institutions, the private sector, academics and policy think tanks to discuss and collaborate on promoting policies and practices towards achieving disaster resilience of large infrastructure systems.

Month: Categories: InternationalUPSC

Tags:

Loan Agreement signed for Dam Rehabilitation and Improvement Project

The World Bank, Government of India and representatives from the states of Karnataka, Kerala, Odisha, Tamil Nadu and Uttarakhand signed Loan Agreement for additional financing of $137 Million for the Dam Rehabilitation and Improvement Project (DRIP) that will help rehabilitate and modernize over 220 selected large dams.

This additional funding of $137 million will be used for the construction of an additional spillway for Hirakud Dam in Odisha and in rehabilitation and improvement of other dams including strengthening the institutional, legal and technical framework for dam safety assurance within the Government of India and in the participating States.

Dam Rehabilitation and Improvement Project

Ministry of Water Resources, River Development & Ganga Rejuvenation through Central Water Commission with an objective to improve safety and operational performance dams, along with institutional strengthening with system-wide management approach, embarked upon the six-year Dam Rehabilitation and Improvement Project (DRIP) in 2012 with World Bank assistance at a cost of INR 2100 Crore (US$M 437.5).

In India Rainfall occurs mainly in intense and unpredictable downpours within short monsoon seasons, is of high temporal and spatial variability and does not meet year-round irrigation and other water demands. Hence storage of water is essential for India and the dams play a key role in fostering rapid and sustained agricultural and rural growth and development.

These dams benefit millions of people and therefore needs to be strengthened with more investment in their operations and maintenance. Dam Rehabilitation and Improvement Project act as a “lighthouse” showcasing how best to make dams fully operational and safe in a technically sound and sustainable manner.

Month: Categories: Government SchemesUPSC

Tags: