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Get latest articles and stories on Business at LatestLY. IRAF, a multi-donor trust fund, established with the support of United Nations Development Programme (UNDP) and United Nations Office for Disaster Risk Reduction (UNDRR), will be managed by the United Nation Multi-Partner Trust Fund Office (UN MPTFO) in New York. Business News | CDRI Announces Infrastructure Resilience Accelerator Fund at COP27, Gets USD 50 Million in Financial Commitments.

The Coalition for Disaster Resilient Infrastructure (CDRI) on Wednesday announced Infrastructure Resilience Accelerator Fund (IRAF), a CDRI multi-partner trust fund, at the India Pavilion of COP27 at Sharm El Sheikh in Egypt.

The Coalition for Disaster Resilient Infrastructure (CDRI) on Wednesday announced Infrastructure Resilience Accelerator Fund (IRAF), a CDRI multi-partner trust

What happened that you should know, and what you should watch out for.

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. The program, Infrastructure for Resilient Island State program or IRIS will help island states in the Pacific, Caribbean and the Indian ocean to deal with the impact of climate change.