Nearly 50% of public infra unprepared for disaster management: CBRE
Nearly 50 per cent of public infrastructure in India is unprepared for disaster management, according to a survey by CBRE.
The survey findings were released at a joint 'Infrastructure Management Conference 2024' organised by CBRE and Confederation of Indian Industry (CII) here.
On Wednesday, real estate consultant CBRE said as per its survey on select large infrastructure assets on risk management parameters, "nearly 50 per cent of the public infrastructure in India is unprepared for disaster planning and management and needs greater attention".
"India is grappling with a significant increase in both natural and man-made disasters, posing a threat to the economy, population and long-term sustainable development," the consultant said.
The vulnerability to disasters is further exacerbated by a confluence of factors, including changing demographic and socio-economic conditions, unplanned urbanisation, development within high-risk zones, environmental degradation, climate change, and .
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