“The cost of one rupee damage to your road has a seven times multiplier on the economy,” Prothi said, warning that the true annual impact could run into several trillion dollars when lost trade, jobs and access to food and markets are included.

World faces $800bn annual bill as climate disasters batter infrastructure, warns global coalition CDRI

India-backed international organisation Coalition for Disaster Resilient Infrastructure or CDRI will be launching a trust fund and operationalising a program for small island states at COP27 (Conference of the parties) summit in Egypt.

COP27 in Egypt: India-backed international organisation CDRI to launch trust fund for resilient infrastructure

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