Multidimensional Vulnerability Index

Multidimensional Vulnerability Index

The UN General Assembly has recently introduced a new “vulnerability” index to help small island and developing nations access low-interest financing.

  • A framework developed to assess the vulnerabilities faced by Small Island Developing States (SIDS).
  • Designed to complement traditional metrics like Gross Domestic Product (GDP) to better assess development
  • Published by – United Nations.
  • Aim – To provide enhanced understanding of the structural challenges encountered by Small Island Developing States (SIDS).
  • Launched during – 2023 Annual Meetings of the World Bank and the International Monetary Fund, following extensive advocacy from the Alliance of Small Island States (AOSIS) and the UN.
    • This shift is crucial for improving access to concessional financing and support for sustainable development initiatives.
  • Indicators –
    • Economic and Environmental Resilience – Assesses impacts of regional violence, refugee crises, demographic pressures, and resource availability (water, arable land).
    • Social Indicators – Child mortality rates.

Source: The Hindu


Previous Year Question

Consider the following statements:
Statement-I: According to the United Nations World Water Development Report, 2022, India extracts more than a quarter of the world’s groundwater withdrawal each year.
Statement-II: India needs to extract more than a quarter of the world’s groundwater each year to satisfy the drinking water and sanitation needs of almost 18% of world’s population living in its territory.
Which one of the following is correct in respect of the above statements?

[UPSC Civil Service Exam – 2023 Prelims]

(a) Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I.
(b) Both Statement-1 and Statement-II are correct and Statement- II is not the correct explanation for Statement I.
(c) Statement-I is correct but Statement-II is incorrect.
(d) Statement-I is incorrect but Statement-II is correct.

Answer: (c)
Explanation:
Statement 2 is incorrect.
 India uses about 89% of this groundwater for irrigation. Major share of total groundwater extracted by India is utilized for irrigation purposes and not for drinking and sanitation purposes.


Practice Question

Which of the following organisations release Multidimensional Vulnerability Index?

 
 
 
 

Question 1 of 1

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