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

It’s a Race Against Time to Flood-Proof Informal Settlements

Informal settlements around the world have the least developed infrastructure, yet they continue to come together to build their resilience to shocks and disasters.

Crowd voting for the Catalytic Grants programme is now open

Cast your vote and rate the proposals that you think provide the strongest intervention and relevance for locally-led adaptation and resilience by 23 May 2022.

The world of finance is waking up to the reality of climate change, but money still isn’t getting to the right places

With existing financial flows failing to reach climate adaptation efforts on the ground, how can we improve local-level access to climate finance?

Improving Shea Farming Communities’ Resilience

A new agroforestry farm model uses shea farming to bolster climate and economic resilience in Nigeria.

Nasreen Al-Amin and her organisation are building greener communities through locally-led adaptation

In Kano, Nigeria, a youth-led organisation is building resilience of local communities through a forest restoration project. Azeez Abubakar reports. This is the first of the ‘Voices from the Frontline (Phase-II)‘ stories by ICCCAD and GRP.