Ocean Risk and Resilience Action Alliance - ORRAA

Building resilience to ocean risk through innovative finance solutions

Global Village / Stand
Tuesday, June 15, 2021
12:50 to 13:00

The Ocean Risk and Resilience Action Alliance (ORRAA) is a unique multi-stakeholder alliance convening collaborative action and capital to secure positive outcomes for the Ocean and the communities that depend on it. We bring together governments, the finance and insurance sectors, environmental organizations and stakeholders from the Global South to realise the value of the Ocean, Earth’s greatest asset. Our goals are to drive $500 million of investment into marine and coastal nature-based solutions by 2030, and surface at least 15 novel finance products by 2025. By catalysing, scaling and accelerating investment into blue nature, ORRAA’s work will help achieve the Sustainable Development Goals, improve ocean stewardship, resilience and adaptation; and contribute to a nature-positive and net-zero future. 

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