Projects

ORRAA’s aim is to drive $500 million of investment into nature-based solutions by 2030, and surface at least 50 novel finance products by 2030, positively impacting the resilience of at least 250 million people in coastal areas around the world. To reach these goals, we support a number of projects developed with coastal communities and delivered by our members and partners. We also surface and grow a number of innovative community-led solutions through our Ocean Resilience Innovation Challenge.

Developing a risk assessment tool for vulnerable coastal ecosystems and communities – the Coastal Risk Index

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Improving the resilience of coastal fishing communities through financial inclusion

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Insuring coral reefs against extreme weather events

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Exploring the impacts of ocean risks on Small Island Developing States (SIDS) and Least Developed Countries (LDCs)

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Understanding global risks to coral reefs, and the role of insurance in mitigating them

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Capturing the value of coastal wetlands through Blue Carbon Resilience Credits

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Assessing the global value at risk in the sustainable blue economy

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Insuring against Illegal, Unreported and Unregulated (IUU) Fishing

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Introducing financial tools for small-scale fishers in Melanesia 


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Creating a Corporate Coastal Resilience Security (bond) 

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Establishing the Restoration Insurance Service Company (RISCO) 

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Building resilience in coastal cities – the Climate and Ocean Risk Vulnerability Index (CORVI)

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ORRAA’s work aims to contribute to the delivery of the United Nations Sustainable Delivery Goals (SDGs) – an essential framework to guide lasting, positive change. ORRAA projects support, amongst others, the following SDGs:

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ORRAA’s projects will also contribute to the UN Decade of Ocean Science for Sustainable Development, by increasing knowledge and awareness around emerging ocean-derived risks, and deepening discussions at the science-policy-practice interface on how to enhance ocean resilience in the 21st century.