What does ACRII mean in CLIMATE
ACRII is an acronym that stands for Accelerating Climate Resilient Infrastructure Investment. It is an international initiative launched by the World Bank in 2021 to support developing countries in building infrastructure that is resilient to the impacts of climate change.
ACRII meaning in Climate in Academic & Science
ACRII mostly used in an acronym Climate in Category Academic & Science that means Accelerating Climate Resilient Infrastructure Investment
Shorthand: ACRII,
Full Form: Accelerating Climate Resilient Infrastructure Investment
For more information of "Accelerating Climate Resilient Infrastructure Investment", see the section below.
Objectives of ACRII
The main objectives of ACRII are to:
- Increase investment in climate-resilient infrastructure: ACRII aims to mobilize $100 billion per year by 2025 to finance climate-resilient infrastructure projects.
- Improve the quality of infrastructure: ACRII supports projects that meet high standards of design, construction, and operation to ensure that they can withstand the impacts of climate change.
- Promote innovation: ACRII encourages the use of innovative technologies and approaches to develop climate-resilient infrastructure.
- Build capacity: ACRII provides technical assistance and training to help countries develop the skills and knowledge needed to build and maintain climate-resilient infrastructure.
Benefits of ACRII
Investing in climate-resilient infrastructure through ACRII offers numerous benefits, including:
- Reduced vulnerability to climate change: Climate-resilient infrastructure can help communities withstand the impacts of climate change, such as extreme weather events, sea-level rise, and droughts.
- Improved economic resilience: Climate-resilient infrastructure can help businesses and communities continue to operate and provide services even during extreme weather events.
- Job creation: Investing in climate-resilient infrastructure can create jobs and stimulate economic growth.
- Environmental benefits: Climate-resilient infrastructure can help reduce greenhouse gas emissions and protect ecosystems.
Essential Questions and Answers on Accelerating Climate Resilient Infrastructure Investment in "SCIENCE»CLIMATE"
What is ACRII?
ACRII (Accelerating Climate Resilient Infrastructure Investment) is a collaborative initiative between the US government and other countries to invest in climate-resilient infrastructure projects in developing countries.
What are the goals of ACRII?
The goals of ACRII include:
- Increasing investment in climate-resilient infrastructure in developing countries.
- Helping developing countries access financing for climate-resilient infrastructure projects.
- Enhancing the capacity of developing countries to plan, design, and implement climate-resilient infrastructure projects.
What types of infrastructure projects are eligible for ACRII funding?
Eligible infrastructure projects include those in the following sectors:
- Energy
- Transportation
- Water and sanitation
- Agriculture
- Coastal resilience
How can developing countries access ACRII funding?
Developing countries can access ACRII funding through their governments or through international organizations.
What are the benefits of ACRII?
The benefits of ACRII include:
- Increased resilience to climate change
- Improved access to essential services
- Economic growth
- Job creation
Final Words: ACRII is a critical initiative that can help developing countries build a more resilient future in the face of climate change. By supporting investment in climate-resilient infrastructure, ACRII aims to reduce vulnerability, improve economic resilience, and create a more sustainable future.