?? It’s Ocean day at COP29! ????? ? At Ocean Risk and Resilience Action Alliance (#ORRAA), we’re investing in the resilience of coastal communities and a regenerating Ocean. Our focus? Activating the ocean of investment opportunities that exist in the regenerative and sustainable blue economy.? ? ?? Ready to join us? Start your blue journey with the #BackBlue Finance Commitment alongside industry leaders Deutsche Bank, AXA, WTW and the World Economic Forum.? ? ?? WATCH to find out more: https://lnkd.in/erJcC_es? ? #COP29 #ORRAA #OceanFinance #ClimateFinance?
Ocean Risk and Resilience Action Alliance
非盈利组织
Multi-sector collaboration pioneering finance and insurance products that build resilience to ocean risk.
关于我们
Our ocean is changing faster than at any time in human history, with wide-ranging implications for coastal infrastructure, biodiversity and the lives and livelihoods of billions of people. Coastal communities in developing countries, Small Island Developing States (SIDS) and other low-lying areas are likely to be most severely impacted, with women and girls especially hard-hit. By 2050, an estimated 800 million people will be at risk from storm surge from extreme weather events, and over 570 low-lying coastal cities will face sea level rise of at least 0.5 metres. There are many perceived barriers to investing in nature-based solutions for coastal protection. These include a lack of understanding of how investing in natural capital can provide a timely and productive return, and insufficient data and modelling capabilities for investors to quantify ocean-derived risk. There is a huge opportunity to develop pioneering finance and insurance products that reduce ocean risk and build the resilience of coastal areas to emerging hazards. The United Nations has called on the finance and insurance industries to respond to these challenges. The Ocean Risk and Resilience Action Alliance (ORRAA) is a multi-sector collaboration designed to drive $500 million into ground-breaking finance products by 2030 that invest in coastal natural capital. In so doing, it will incentivize blended finance and private investment into the regions and communities that need it most. ORRAA aims to surface at least 15 novel finance products by 2025 to build the foundation of this new marketplace. To help reach this goal, ORRAA is launching its Ocean Resilience Innovation Challenge to identify and nurture a pipeline of up to 10 finance and insurance innovations.
- 网站
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https://www.oceanriskalliance.org/
Ocean Risk and Resilience Action Alliance的外部链接
- 所属行业
- 非盈利组织
- 规模
- 11-50 人
- 总部
- Global
- 类型
- 非营利机构
- 创立
- 2019
- 领域
- Ocean、nature based solutions、Blue Finance、Ocean Resilience、Ocean Risk、Coastal Communities、Blue Nature、Global South和Blue Economy
地点
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主要
获取路线
OO，Global
Ocean Risk and Resilience Action Alliance员工
动态
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???WATCH: At COP29 Azerbaijan, our team caught up with marine scientist Rushingisha George?from Tanzania to discuss the critical role of Nature-based Solutions (NbS) and sustainable finance in protecting Tanzania’s coastlines and supporting its communities.?? ? ???At Ocean Risk and Resilience Action Alliance (#ORRAA) we’re working towards an ambitious goal: by 2030, we aim to activate at least USD $500 million of investment into coastal and ocean NbS and build the resilience of 250 million climate vulnerable coastal people in the Global South.? ? Keep an eye out for more updates as we near the end of #COP29!???? ? #ORRAA #OceanResilience #NbS #Tanzania?
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? In case you missed it, the Coastal Risk Index (#CRI) is now LIVE!??? ?? The #CRI helps financial institutions, insurers, and policymakers assess coastal risk and quantify the benefits of investing in nature as a resilience SOLUTION. ???? ?? The #CRI provides better data, which drives better decisions and outcomes. Explore the platform here: https://lnkd.in/esj-xiJD??? ?? #ORRAA #CoastalRiskIndex #NatureBasedSolutions?? ?? AXA, IHE Delft Institute for Water Education University of California, Santa Cruz Chip Cunliffe???
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Ocean Risk and Resilience Action Alliance转发了
As we reach the midpoint towards the 2030 target, the "Race to Resilience" campaign stands as a testament to collective action against climate threats. Covering over two billion people, the initiative now encompasses 41 partners globally, each committed to transformative resilience. This year, our partners have not only extended their reach but also deepened their impact, empowering local communities and advancing innovative resilience strategies. This progress is a call to action: let's escalate our efforts from strategic plans to tangible impacts, ensuring that the most vulnerable can not only survive but thrive. Read the full report here: https://lnkd.in/edFdhQNa
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?? TODAY at COP29 Azerbaijan, the Ocean Risk and Resilience Action Alliance (#ORRAA) outlined our ocean-climate finance recommendations in collaboration with our partners at the Ocean & Climate Platform and Michai Robertson. ? ?? These recommendations have informed governments and negotiators at COP29 on how the Ocean should be incorporated into climate finance discussions.? ?? As we build momentum towards a successful Blue Economy and Finance Forum and UN Ocean Conference next year, we must ensure that driving finance into a regenerative and sustainable blue economy is integrated into everything we do. #BackBlue? ??? ?? ?? ?? Read our recommendations: https://lnkd.in/erExbXF2 ?? #COP29 #OceanFinance #ClimateFinance United Nations Global Compact, Ocean & Climate Platform, The Nature Conservancy, IUCN, High-Level Climate Champions, Torsten Thiele
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Today is all about FINANCE at COP29!???? ? Our team on the ground spoke to Markus H.-P. Müller?at Deutsche Bank, a key member of Ocean Risk and Resilience Action Alliance (#ORRAA), to discuss the importance of unlocking finance for the Ocean and coastal communities.???? ? Markus H.-P. Müller highlighted the?need to rechannel existing capital to get money flowing in the right direction and Deutsche Bank’s involvement in #BackBlue.? ? ???Stay tuned for more updates from our team at COP29! ? #COP29 #ClimateFinance #OceanFinance? ? Rishi Bhattacharya, Chip Cunliffe, Ariane Marietta Steins-Meier, Torsten Thiele, Deutsche Bank Private Bank,?Karen Sack
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On the eve of finance day at #COP29,?Ocean Risk and Resilience Action Alliance (#ORRAA) Executive Director, Karen Sack, outlines why investing in coastal communities and ocean resilience makes business and common sense. ??? ? We’re partnering with AXA and Project Syndicate to publish a thought-leaders series in the run-up to the Blue Economy and Finance Forum in Monaco ahead of the UN Ocean Conference in 2025.? ? ????? Read the full article here: https://lnkd.in/e46997_9? ? #CoastalCommunities #OceanConservation #ClimateMitigation #ClimateFinance ?
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?? How does insurance and IUU fishing fit together???? ? Find out: sign up for our webinar with Global Fishing Watch. Discover how Vessel Viewer’s latest data and insights tool can provide critical information on vessel identity, activities and authorisations, helping insurers navigate the choppy waters of potentially covering vessels linked to Illegal, Unreported, and Unregulated (IUU) fishing. ?? ?? Thursday, 14 November 2024 ? ? 10-11 am EST (GMT -5)? ?? Register here: https://lnkd.in/eZsrvsKz #VesselViewer #MarineInsurance #Webinar?
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?? Today marks the kick-off of COP29 in Baku! ??? ?? Chip Cunliffe, Senior Director, Innovation and Pipeline Development and Ariane Marietta Steins-Meier, Director, Outreach and Engagement will be on the ground over the next two weeks representing Ocean Risk and Resilience Action Alliance (#ORRAA) in the global climate conversation.? ?? Join us at these events to dive into all things ocean-climate finance! ??? ?? #COP29 #ClimateFinance #ClimateResilience?
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The Ocean plays a critical role in regulating our climate. It is the largest carbon sink on Earth and has absorbed more than 90% of the heat from our emissions and nearly a third of the CO2 from those emissions. A healthy, regenerating ocean is essential for a liveable planet where biodiversity thrives. ?? With COP29 starting tomorrow, and accelerating climate finance action at the heart of the agenda, the Ocean Risk and Resilience Action Alliance (#ORRAA) is focused on our mission - driving investment into ocean resilience. ?? WATCH to find out more: https://lnkd.in/ecrqSehD #OceanFinance #ClimateFinance #COP29
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