Ocean Risk and Resilience Action Alliance

This project aims to improve the state of coastal resilience for vulnerable populations particularly women and girls in small island developing states (SIDS) and coastal developing countries where the Ocean Risk and Resilience Action Alliance’s (ORRAA) financial products and projects apply. The aim of ORRAA is to foster collaboration amongst the finance and insurance sectors governments and environmental organizations. Project activities include: (1) delivering ORRAA Innovation Challenge workshops to identify new products and projects; (2) developing a technical analysis on the incorporation of gender considerations into ocean risk projects; and (3) presenting policy recommendations on the mitigation of ocean risks for the most vulnerable communities at international forums. This project benefits the most vulnerable communities particularly women and girls in coastal developing countries SIDS and other low-lying areas.

The expected outcomes for this project include: (1) increased pipeline of pilot projects for innovative financial products that increase coastal resilience; (2) increased effectiveness of ORRAA to influence significant investments in coastal natural capital; and (3) improved design and implementation of gender-sensitive ocean resilience pilot projects by ORRAA in key vulnerable regions.