Ocean Risk and Resilience Action Alliance

The power and strength of our Alliance is our members. We achieve more together than we do alone. 🤝 Here are some recent updates on the impactful work being carried out by members of the Ocean Risk and Resilience Action Alliance (#ORRAA): 🔹 Sustainable Ocean Alliance co-launched the #OceanSolutionLabel - a first-of-its-kind certification recognising ocean-positive, sustainable, and profitable solutions. 🔹 Standard Chartered joined the #BackBlue Ocean Finance Commitment. 🔹 AMOR - Associação Moçambicana de Reciclagem removed approximately 180 tonnes of marine waste from Mozambique’s coastline last year, protecting vital ecosystems. 🔹 Conservation International hosted a webinar on ‘Guidelines for Establishing a National Blue Carbon Strategy’ exploring how countries, following Costa Rica's example, can enhance their climate action through blue carbon initiatives. Summary: https://lnkd.in/ertdTNfA and Guidelines: https://lnkd.in/ebVtfrAv 🔗👉Find out more about our network: https://lnkd.in/eaueyhuk #OceanAction #SustainableFinance #BlueEconomy #MarineConservation #ClimateSolutions

We’re thrilled to welcome two new ORRAA team members! 🎉    Heidi Prislan joins us as Officer, Global Outreach and Engagement and brings a wealth of experience in ocean and environmental policy. Heidi previously served as Adviser, Blue Charter at The Commonwealth Secretariat, and worked at the Australian Department of Foreign Affairs and Trade.    We are also delighted to welcome Kara Mountcastle as our new Operations, Senior Associate.    Welcome aboard! We’re excited to have such a dynamic, diverse and experienced team pushing our work to new heights. 🌊 💙    #OceanResilience #BlueEconomy #SustainableFinance #HiringUpdate  

🔔 We’re growing and have THREE new opportunities to join our mission! 🔔 1️⃣ Join our Blue Finance and Scaling Team We’re hiring two key roles to drive financial innovation and build a capital market for the Ocean. Help us scale investment into the regenerative and sustainable blue economy! 💼 Senior Associate – find out more and apply: https://lnkd.in/es-q9G9Z 💼 Associate – find out more and apply: https://lnkd.in/eu5_eQb5 2️⃣ Join our Innovation and Pipeline Development Team Help drive forward ORRAA’s strategic goal to rapidly increase investment into initiatives and projects that expand and protect coastal and ocean nature to enable greater resilience. 💼 Manager – find out more and apply: https://lnkd.in/eZDYuSSG #JobOpportunities #Hiring #BlueEconomy #OceanResilience #JobAlert #BlueJobs

📣 Request for Proposals: Ocean Investment Key Performance Indicators (KPIs) 📣 We’re seeking a strategic advisory partner, with market-tested expertise in sustainable finance, to develop standardised KPIs for investments in the regenerative and sustainable blue economy. Help us activate at least USD$500 million of investment into this space and build the resilience of 250 million climate vulnerable coastal people in the Global South. 🌊 💼 ✨ Find out more and apply: https://lnkd.in/diE9HrVH #ORRAA #BlueEconomy #OceanResilience #JobAlert #BlueJobs

Last month, Ocean Risk and Resilience Action Alliance (#ORRAA) Executive Director, Karen Sack, and Professor Callum Roberts from the University of Exeter, co-facilitated a landmark Dialogue on coral reef restoration and resilience at Soneva Fushi in the Maldives. 🇲🇻 The three-day event brought together leading experts to discuss the impact of climate change on coral ecosystems and explore innovative solutions. It concluded with a joint declaration calling for urgent action and innovative financial mechanisms to unlock resources for coral reef regeneration. 🪸 👉 Read the joint statement: https://lnkd.in/e2ShADKn #SonevaCoralDialogue #CoralRegeneration #OceanAction #SonevaFushi #CoralReefs

How can agentic AI help the Ocean? 🤔    Thanks to the Salesforce AI Accelerator, the Ocean Risk and Resilience Action Alliance (#ORRAA) is developing The Octopus Desk, a platform to connect project developers with investors, donors, and advisors.      ORRAA has explored how agentic AI, a type of AI that can make decisions autonomously, could facilitate the match-making process, including, for example, coaching project developers through the refinement of pitch materials. 🙌    🔗 Learn more about The Octopus Desk: https://lnkd.in/dvpQCnVF    #ClimateAction #AI #OceanResilience #OceanRisk #Salesforce 

🎥 WATCH: Coral Reef Insurance in Colombia 🪸🐠 As part of our quarterly theme, Insuring the Future, the Ocean Risk and Resilience Action Alliance (#ORRAA) team recently visited our project partner, Fondo Acción, in San Andres and Providencia, Colombia. ORRAA members Mesoamerican Reef Fund - MAR Fund and WTW are working with Fondo Acción and other partners to scale a parametric insurance product that pays out when a hurricane hits a specific reef site. The pay-out enables organised reef responders to immediately kickstart coral recovery efforts, transforming post-disaster response for the benefit of coastal communities and the reefs they depend upon. 💙 🔗 Find out more: https://lnkd.in/eFwpA8wA #ORRAA #InsuringTheFuture #ParametricInsurance #CoralReefs Blue Action Fund, Global Fund for Coral Reefs

Turning the financial tide for Small Island States 🏝️    Aminath Shauna, former Minister of Environment, Climate Change, and Technology of the Maldives and Ocean Risk and Resilience Action Alliance (#ORRAA) board member, and Maya Delaney, former Ambassador of Youth Climate Action for The Bahamas and ORRAA Octopus Desk Project Lead, explain why innovative financing solutions, like green and blue bonds, are key to building the resilience of Small Island Developing States (SIDS). 🌊    We’re partnering with AXA and Project Syndicate to publish a thought-leaders' series, The Ocean Imperative, in the run-up to the Blue Economy and Finance Forum (BEFF) in Monaco, a Special Event of the UN Ocean Conference (UNOC3) in June this year.     🔗 📚Read the full article here: https://lnkd.in/etA222D2.   #SIDS #CoastalCommunities #ClimateChange #OceanFinance #BEFF  

Join Ocean Risk and Resilience Action Alliance (#ORRAA) and Global Fund for Coral Reefs on Wednesday, 5th February to explore insurance for marine ecosystems. 🌊 Dive into discussions on: ✅ When is insurance the right tool for marine ecosystems? ✅ What factors should be taken into consideration when selecting and designing the tool? ✅ What’s next in the ecosystem insurance space? 📅 Date: Wednesday, 5 February ⏰ Time: 10:00 EST / 15:00 GMT 🔗 Register here: https://lnkd.in/dFVn3DtE #InsuringTheFuture #ParametricInsurance #MarineEcosystems #CoralReefs Constance Wong, Pablo Devis, Toby Behrmann, Lauren Carter, Nicolas Pascal

🚨 Breaking: The 2024 ORRAA Action Report is here! 🚨    Read about how 2024 was a pivotal year, and celebrate five years of collective action that lays the foundations for our work in 2025 and beyond. 💪    Together, we have activated USD$45.5 million of investment for the Ocean, supported over 174,000 climate vulnerable coastal people to become more resilient, and grown to over 100 members. 💙    We hope that you will share our excitement at the growing momentum and thriving innovation ecosystem behind ORRAA’s work, and climb aboard as we build towards the Blue Economy and Finance Forum (BEFF) and third UN Ocean Conference (UNOC3) in June. 🌊    👉 Dive in here: https://lnkd.in/dUfpP35h    #ORRAA #OceanAction #OceanResilience #BEFF #UNOC3     AXA, Deutsche Bank, The Stimson Center, Mesoamerican Reef Fund - MAR Fund, WTW, Fondo para la Accion Ambiental y la Niñez, Rare, Save The Waves Coalition, University of California, Santa Cruz, Ode, IHE Delft Institute for Water Education, Fugro, The Development Guarantee Group, Outrigger Impact, Stockholm Resilience Centre, Aqua-Farms Organization - AFO, ABALOBI, Government of Canada, Blue Alliance Marine Protected Areas, Department for Environment, Food and Rural Affairs, World Economic Forum, Salesforce, Conservation International, The Nature Conservancy