Revision as of 16:37, 15 March 2021

General

Name of initiative	Ocean Risk and Resilience Action Alliance (ORRAA)
LPAA initiative	No
NAZCA Initiative	No
Website address	https://www.oceanriskalliance.org/
Related initiatives
Starting year	2019
End year
Secretariat	Global Resilience Partnership (United Kingdom), Ocean United (United States of America).secretariat@oceanriskalliance.org
Organisational structure
Geographical coverage	Global
Name of lead organisation	ORRAA
Type of lead organisation	Network/Consortium/Partnership
Location/Nationality of lead organisation	United Kingdom

Description

Description
Objectives
Activities
One or two success stories achieved

Monitoring and Impacts

Function of initiative
Activity of initiative
Indicators
Goals	ORRAA's aim is to drive $500 million of investment into nature-based solutions by 2030. ORRAA's aim is to surface at least 15 novel finance products by 2025 that incentivise private and blended finance into coastal natural capital.
Comments on indicators and goals	ORRAA launched the Ocean Resilience Innovation Challenge at the UNEP FI GRT event on October 14th, 2020. The Innovation Challenge aims to identify and nurture 5-10 innovative and scalable finance and insurance products that drive investment in coastal natural capital and increase resilience in communities and regions most exposed to ocean-derived risks. The call for proposals extends to individual organisations or consortiums across public, private, local civil society, international NGOs and academia. We are encouraging experienced implementers, start-ups, hubs and accelerators from the Global North and South to apply. Selected projects will receive customised support to maximise their potential for impact, scalability and investability and will benefit from a program of tailored mentoring, and communications and leadership support.
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative	ORRAA will be monitored and evaluated against its Performance Measurement Framework (PMF) and logic model. ORRAA and its projects will follow the GRP process and guidance for monitoring, evaluation and learning (MEL) of results and activities. The aim of MEL activities is that, through building and sharing evidence and learning, staff, partners and our clients: a) understand if and how ORRAA has had a transformational and sustainable impact, and b) can use that understanding to further improve resilience outcomes more widely.
Available reporting

Participants

Participants

Number

Names

Members

0

Companies

0

Business organisations

0

Research and educational organisations

0

Non-governmental organisations

0

National states

0

Governmental actors

0

Regional / state / county actors

0

City / municipal actors

0

Intergovernmental organisations

0

Financial Institutions

0

Faith based organisations

0

Other members

0

Supporting partners

0

Number of members in the years

Have only national states as participators

No

Theme

Transport	Agriculture	Forestry	Business	Financial institutions	Buildings	Industry	Waste	Cities and subnational governments	Short Term Pollutants	International maritime transport	Energy Supply	Fluorinated gases	Energy efficiency	Renewable energy	Supply chain emission reductions	Adaptation	Other	Resilience	Innovation	Energy Access and Efficiency	Private Finance
No	No	No	No	No	No	No	No	No	No	No	No	No	No	No	No	No	No	No	No	No	No

Last update: 6 February 2023 14:19:53

Not only have national states as participators

@@ Line 47: / Line 47: @@
 |Have only national states as participators=No
 |Indicators information=
+|Goals mai=ORRAA's aim is to drive $500 million of investment into nature-based solutions by 2030.
+ORRAA's aim is to surface at least 15 novel finance products by 2025 that incentivise private and blended finance into coastal natural capital.
+|Comments on indicators and goals=ORRAA launched the Ocean Resilience Innovation Challenge at the UNEP FI GRT event on October 14th, 2020. The Innovation Challenge aims to identify and nurture 5-10 innovative and scalable finance and insurance products that drive investment in coastal natural capital and increase resilience in communities and regions most exposed to ocean-derived risks. The call for proposals extends to individual organisations or consortiums across public, private, local civil society, international NGOs and academia. We are encouraging experienced implementers, start-ups, hubs and accelerators from the Global North and South to apply. Selected projects will receive customised support to maximise their potential for impact, scalability and investability and will benefit from a program of tailored mentoring, and communications and leadership support.
+|How are you tracking progress of your initiative=ORRAA will be monitored and evaluated against its Performance Measurement Framework (PMF) and logic model. ORRAA and its projects will follow the GRP process and guidance for monitoring, evaluation and learning (MEL) of results and activities. The aim of MEL activities is that, through building and sharing evidence and learning, staff, partners and our clients: a) understand if and how ORRAA has had a transformational and sustainable impact, and b) can use that understanding to further improve resilience outcomes more widely.
 |Related initiatives=
 }}