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25th April 2022

ORRAA NEWS BULLETIN

Dear ORRAA members and friends,   BREAKING NEWS  As I write this from the Our Ocean Conference in the beautiful Pacific Island country of Palau, it is a privilege to let you know that we have more support on the way!  .  

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14th April 2022

US PLEDGES TO PLAY ROLE IN ACCELERATING INVESTMENT INTO THE OCEAN AND COASTAL COMMUNITIES

Republic of Palau, 14 April 2022 – The United States has pledged to play a leading role to support the acceleration of investment into the Ocean and the resilience of coastal communities.  

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14th April 2022

SALESFORCE AND ORRAA TEAM UP ON BLUE CARBON

Palau, 14 April 2022 – Salesforce and the Ocean Risk and Resilience Action Alliance (ORRAA) are joining forces - along with partners – to shape the development of a robust marketplace for blue carbon credits, it was announced today at the Our Ocean conference in Palau.  

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28th February 2022

ORRAA’s  response to the  Intergovernmental Panel on Climate Change report

The findings of today’s IPCC AR6 Report on Impact, Adaptation, and Vulnerability are unequivocal. Climate change is happening now with cascading and compounding effects. 

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10th February 2022

PLANS FOR CREATION OF NEW GLOBAL OCEAN FINANCE ECOSYSTEM UNVEILED

Brest, 9 February 2022 – The development of a new global finance ecosystem designed to channel hundreds of millions of dollars into coastal and ocean natural capital by 2030 is underway, it was announced today at the One Ocean Summit hosted by France.  

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15th November 2021

GLOBAL CALL FOR COMMUNITY-LED FINANCIAL INNOVATIONS THAT BUILD COASTAL RESILIENCE

A major global competition is launching today to find innovative financial and insurance products designed to build resilience in coastal communities vulnerable to climate change.

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9th November 2021

SURGE OF NEW MEMBERS JOIN OCEAN-FOCUSED ALLIANCE AT COP26

The Commonwealth Blue Charter, BNP Paribas, Palladium, Van Oord and the Insurance Development Forum all announced at COP 26 that they are joining the Ocean Risk and Resilience Action Alliance or ORRAA.

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5th November 2021

New Technology to Help Tackle Illegal Fishing by Alerting Insurers to Risk

Global Fishing Watch, Trygg Mat Tracking, Oceana, Ocean Unite and the Ocean Risk and Resilience Action Alliance are partnering to create a risk assessment tool to help insurers identify vessels at risk of illegal, unreported and unregulated fishing

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3rd November 2021

PRIME MINISTER TRUDEAU ANNOUNCES SIGNIFICANT COMMITMENT TO ORRAA

Glasgow – 3 November 2021 – The Prime Minister of Canada Justin Trudeau has announced a significant commitment to the Ocean Risk and Resilience Action Alliance (ORRAA).

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25th October 2021
20th October 2021

Collaboration is key to accelerating a sustainable and equitable ocean economy – Report

Private and public investors must collaborate with coastal communities and support locally led investable products and projects

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14th October 2021

Trillions in assets at risk due to declining ocean health and climate change

Urgent action from business, governments and financiers can avoid losing £6.19 trillion in ocean-based investments

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5th October 2021

Convergence and ORRAA commit to blending expertise in new partnership

Convergence, the global network for blended finance, is joining the Ocean Risk and Resilience Action Alliance (ORRAA) as an institutional partner.

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3rd September 2021

Harnessing the power of insurance to build resilience to climate and ocean risks

By Chip Cunliffe, Co-Chair of the Ocean Risk and Resilience Action Alliance, and María José González, Executive Director of the MAR Fund 

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13th August 2021

UK’S BLUE PLANET FUND BOOST TO ACCELERATE ORRAA’S MISSION

London, Washington 13THof August 2021 – The Ocean Risk and Resilience Action Alliance (ORRAA) is today announcing it has secured the financial backing of the UK Government’s Blue Planet Fund.

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23rd July 2021

COP26 100 Day Countdown – Looking forwards to a Healthy and Prosperous Ocean Future

Karen Sack & Chip Cunliffe – As the US and Canada experience heat domes, Southern Africa enters the third year of drought and China and Europe suffer devastating floods, the 100-day countdown to COP26 begins.

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23rd July 2021

Call for New Generation of Investors to Back the Ocean

London, Washington 23rd of July 2021 – The Ocean Risk and Resilience Action Alliance (ORRAA) is today calling for a new generation of investors to “back blue” in a milestone year for climate and biodiversity.

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30th June 2021

The Global Fund for Coral Reefs Becomes an ORRAA Institutional Partner

ORRAA and the Global Fund for Coral Reefs (GFCR) have formed an Institutional Partnership to collaborate on financing and implementing projects that advance coral reef conservation and coastal resilience.

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26th May 2021

UK Government becomes full member of ORRAA as G7 countries strengthen their support 

Lord Zac Goldsmith, UK International Environment Minister, has announced that the UK Government is moving from being an observer to a full member of ORRAA...

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17th May 2021

ORRAA welcomes Deutsche Bank as global lead banking partner

ORRAA is delighted to welcome Deutsche Bank as a full member and as its leading global partner from the banking sector...

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25th February 2021

ORRAA announces the winners of its first Ocean Resilience Innovation Challenge

ORRAA ran its first Ocean Resilience Innovation Challenge in late 2020 to surface finance and insurance innovations that build coastal resilience to ocean change while delivering a return on investment...

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25th February 2021

Building ocean resilience through innovation, investment and entrepreneurship

In a Virgin Unite blog, ORRAA Co-Chairs Karen Sack and Chip Cunliffe discuss the need for a transformative global response to ocean risk...

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13th November 2020

The Ocean is changing faster than ever. Investing in Nature can help us protect it

Writing for the World Economic Forum’s Agenda, ORRAA’s Karen Sack, Chip Cunliffe and Nathaniel Matthews set out how...

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10th November 2020

Investing in nature-based solutions to build resilience to ocean risk

In a piece written for the 2020 Paris Peace Forum, José María Figueres (Board Chair, Ocean Unite) and Denis Duverne (Chairman, AXA Group and Chairman, Insurance Development Forum) set out the urgency to better understand...

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1st October 2019

Responding to the emergency of ocean risk

The mounting evidence of the environmental, human and economic costs of ocean changes demand urgent and meaningful action to address ocean risk. And yet, our global response has not, so far, matched the scale and complexity of the challenge...

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24th September 2019

Building coastal resilience

Karen Sack, Chip Cunliffe and Nathaniel Matthews explain how ORRAA is using innovative finance mechanisms to help protect and regenerate coastal ecosystems in China Dialogue Ocean...

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