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.

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