Prelims: Current events of National and International Importance | Environment
Why is in news?
It is the new global architecture for drought resilience launched at UNCCD Meet.
DRI and DRIF
It was launched to shift from reactive crisis response to proactive preparedness.
It is featuring the world’s first Drought Resilience Index (DRI) and Drought Resilience Investment Facility (DRIF).
Drought Resilience Index (DRI) is the world’s first comprehensive technical monitoring metric and assessment tool.
It is designed to evaluate a country’s systemic capacity to handle and withstand drought conditions.
Drought Resilience Investment Facility (DRIF) is the world’s first global catalytic financing platform dedicated exclusively to funding and scaling drought resilience projects worldwide.
About COP17
17th Conference of the Parties (COP17) to the United Nations Convention to Combat Desertification (UNCCD) is being held in Ulaanbaatar, Mongolia.
It is under the theme Restoring Land, Restoring Hope.
