Ocean Risk and Resilience Action Alliance (ORRAA)

The Ocean Risk and Resilience Action Alliance (ORRAA) is a multi-sector collaboration between governments, financial institutions, the insurance industry, environmental organisations and stakeholders from the Global South.

ORRAA’s purpose is to unlock and incentivise greater private investments and blended finance into coastal natural capital by pioneering ground-breaking products that both address ocean risk and build resilience in the regions that need it most.

The United Nations has called for a transformative response by the finance and insurance industries to reduce the exposure and vulnerability of those most at threat: the coastal ecosystems and communities in developing countries and Small Island Developing States (SIDS).

The Ocean Risk and Resilience Action Alliance has been created to respond to this call for action and to drive investment into protecting and regenerating the natural capital of these countries, who often lack the financial resources to fund relief, recovery and post-disaster reconstruction efforts.

Latest news and articles

Pushing the Frontiers of Social-Ecological Resilience

A new research paper shows how the field of social-ecological resilience has evolved over the past 15 years, and gives three examples of this.

Adaptation & Resilience Solutions: The investment opportunity to grow the sector

During the COP26 Finance Day (3rd November 2021), the Resilience Hub hosted a side event to showcase the increasing range of adaptation and resilience innovations, as well as to discuss opportunities and barriers to scaling them. The panel discussion included speakers from Climate-KIC, Global Resilience Partnership, CDC Group, BFA Global, The Lightsmith Group, PayPal and FMO, the Dutch Development Bank.

Knowledge for Transformative Action Towards a Resilient Future

On the 10th November 2021, the Resilience Hub at COP26 hosted a side event to showcase three major, global initiatives that seek to ensure that action to enhance adaptation and resilience stem from a foundation of research, knowledge and learning: the Climate and Development Knowledge Network (CDKN), the Resilience Knowledge Coalition and the Adaptation Research Alliance (ARA).

Resilience in Focus at COP26

At the Global Resilience Partnership, we are taking forward the momentum and collaborations from COP26 into action to build a resilient future.

Can locally-led anticipatory action address climate impacts at scale?

There is considerable potential for more locally-led anticipatory action to prepare people for extreme weather and climate events and avoid loss and damage – reports Myriam Castaneda Solares of the START network, from a COP26 Resilience Hub event.