ORRAA’s aim is to drive $500 million of investment into coastal natural capital by 2030 by pioneering ground-breaking finance products that incentivise blended finance and private investment into the regions and communities that need it most.
With our members and financial support from the Government of Canada, we are currently working on scaling and delivering a number of projects. Through our Ocean Resilience Innovation Challenge, we will surface up to 10 innovative finance and insurance products that build resilience to ocean risk.
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:
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.