Moody’s recognises China’s ‘Sponge City’ initiative as innovative nat cat mitigation model

Shanghai's 'Sponge City' initiative garners recognition for its approach to mitigating impacts of natural catastrophes, with China aiming to roll out similar initiatives to 80% of the country's urban areas by 2030.

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Moodys recognises chinas sponge city initiative as innovative nat cat mitigation model

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