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ACRI+ Factsheet China: Advancing Climate Risk Insurance for Cities in China
China is one of the countries most affected by natural disasters in the world. Extreme weather events have begun to intensify. Paired with rapid urbanization, these events pose major risks to China’s economic and social development. Hence, China’s government is now piloting integrated risk management solutions in selected pilot cities. The city pilot shall build on international best practices to mitigate climate risks, foster preparedness, and expand risk transfer solutions.
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