NEW DELHI: More than 22 countries have confirmed participation in a India is hosting along with the UN from Monday to build a global coalition for development of on the lines of the of 120 countries.
According to the agenda note prepared for the two-day meet, India is likely to spend $1.5 trillion on infrastructure in the next 10 years. Considering that globally, these investments are 10 times more, the (UNISDR) is partnering to achieve regional and global targets towards cutting down disaster deaths and economic losses due to natural hazards. Annually, these losses are estimated at over $306 billion.
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