Projects

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.

Exploring Blue Carbon Resilience Credits in The Bahamas

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Developing a risk transfer mechanism for vulnerable coastal ecosystems and communities – the Coastal Risk Index

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Understanding the risk landscape of coral reefs 

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Understanding ocean-derived risks facing coastal communities in SIDS and LDCs 

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Addressing the gender dimension of ocean risk exposure in SIDS and LDCs 

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Assessing emerging opportunities and risks for SIDS and LDCs from the growing blue economy 

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Strengthening the financial resilience of small-scale fishers in the Philippines  

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Financing the Mesoamerican Reef’s resilience to extreme climatic events 

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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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Assessing the global value at risk in the sustainable blue economy

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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.