CDRI Launches Rs 2.47 Million Climate Fund for Cities
ECONOMY & POLICY

CDRI Launches Rs 2.47 Million Climate Fund for Cities

The Coalition for Disaster Resilient Infrastructure (CDRI) has announced the establishment of a Rs 2.47 million Climate Adaptation Fund to support resilient urban development in cities across South Asia and Latin America. This initiative aims to enhance municipal capacity to address climate vulnerabilities and build sustainable infrastructure.

The fund will provide targeted grants to cities for projects that strengthen resilience to climate-related risks such as extreme weather events, flooding, and infrastructure failure. It will focus on financing efforts like nature-based solutions, improved drainage and water management, urban greening, early-warning systems, and risk-informed urban planning.

Eligible applicants include municipal governments and city authorities that demonstrate a clear appraisal of climate risks and a feasible adaptation plan. Selected cities will receive technical assistance and financial support to develop and implement pilot projects showcasing scalable and replicable solutions.

CDRI emphasises the importance of such regional collaboration in ensuring that cities at the frontlines of climate change receive the tools needed for long-term sustainability. By investing in resilience today, the fund seeks to reduce future disaster costs and improve the well‑being of urban populations across developing regions.

The launch marks a major step in supporting climate adaptation measures in rapidly urbanising areas. It underlines CDRI’s ongoing commitment to fostering resilient infrastructure worldwide.

The Coalition for Disaster Resilient Infrastructure (CDRI) has announced the establishment of a Rs 2.47 million Climate Adaptation Fund to support resilient urban development in cities across South Asia and Latin America. This initiative aims to enhance municipal capacity to address climate vulnerabilities and build sustainable infrastructure.The fund will provide targeted grants to cities for projects that strengthen resilience to climate-related risks such as extreme weather events, flooding, and infrastructure failure. It will focus on financing efforts like nature-based solutions, improved drainage and water management, urban greening, early-warning systems, and risk-informed urban planning.Eligible applicants include municipal governments and city authorities that demonstrate a clear appraisal of climate risks and a feasible adaptation plan. Selected cities will receive technical assistance and financial support to develop and implement pilot projects showcasing scalable and replicable solutions.CDRI emphasises the importance of such regional collaboration in ensuring that cities at the frontlines of climate change receive the tools needed for long-term sustainability. By investing in resilience today, the fund seeks to reduce future disaster costs and improve the well‑being of urban populations across developing regions.The launch marks a major step in supporting climate adaptation measures in rapidly urbanising areas. It underlines CDRI’s ongoing commitment to fostering resilient infrastructure worldwide.

Next Story
Equipment

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..

Next Story
Equipment

JK Tyre Expands OTR Lineup with Four New Launches at EXCON 2025

JK Tyre & Industries, one of India’s leading tyre manufacturers, introduced four new Off-the-Road (OTR) tyres at the 13th edition of CII EXCON 2025, South Asia’s largest construction equipment exhibition, underway at the Bangalore International Exhibition Centre. The latest additions strengthen the company’s OTR portfolio and reaffirm its focus on delivering advanced mobility solutions for construction, mining and industrial operations.The new tyres were unveiled by R Mukhopadhyay, Director (R&D), JK Tyre. Among the highlights was the debut of the SKY GRIP, a specialised tyre des..

Next Story
Equipment

ACE, Sanghvi Movers Ink MOU to Boost India-Made Heavy Crane Adoption

Action Construction Equipment (ACE), the world’s largest pick-and-carry crane manufacturer and a leading Indian construction equipment maker, has entered into a strategic Memorandum of Understanding with Sanghvi Movers, Asia’s largest and the world’s fifth-largest crane rental company. The partnership aims to accelerate the deployment of indigenously manufactured heavy slew cranes, particularly truck cranes and crawler cranes, across large-scale infrastructure and industrial projects in India.The alliance aligns strongly with the Government of India’s “Aatmanirbhar Bharat” and “M..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App