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

Youth taking the lead: Reflections from the 2023 Asia Pacific Youth Environment Forum 

As next week marks the start of the sixth session of the UN Environment Assembly (UNEA-6) on 26 February, Rubina Adhikari from ICCCAD shares her reflections from last year's youth forum.

What I learnt over three years of reporting on the COP Resilience Hub

From resilience as ‘everywhere but nowhere at COP’ to resilience as central to equitable and efficient climate action – insights from COP26, COP27, and COP28 Resilience Hubs

The timeless wake up call

Knowledge Into Use award winner, Amava Oluntu, works with young people using arts and storytelling to address and convey the impacts of climate change in Cape Town, South Africa.

Food insecurity and climate change swings young creatives into action

Knowledge Into Use award winner, Nobel Arts Entertainment works with young people in Cameroon on how to use arts to come up with solutions to issues like climate change, food insecurity, and conflict.

The climate grant equation 

Adiba Bintey Kamal and Rubina Adhikari from the International Center of Climate Change and Development (ICCCAD) highlight the benefits of grants over loans and share insights from the Catalytic Grants programme.