Blue Pangolin has been welcomed as an observer member of the Ocean Risk and Resilience Action Alliance (ORRAA), marking an important step in our continued commitment to advancing ocean resilience and sustainable finance.
As an observer member, Blue Pangolin joins a global coalition of organisations dedicated to ORRAA’s mission of working from “beachfront to boardroom” to build an investible product pipeline from the ground up, develop the enabling financial instruments, policies, criteria and vehicles needed to bridge the ’missing middle’; and drive systemic change from the top-down to construct the capital market for the Ocean.
ORRAA is the only multi-sector collaboration connecting the finance and insurance sectors, governments, multilateral organisations, civil society, and local partners, to pioneer finance and insurance products that incentivise investment into coastal and ocean resilience, and through Nature-based Solutions.
By 2030, ORRAA aims is to activate at least USD $500 million of investment to build the resilience of 250 million climate vulnerable coastal people in the Global South.
Blue Pangolin looks forward to supporting ORRAA’s work and contributing to shared ambitions for the protection of the ocean.
Check out the alliance: https://oceanriskalliance.org/our-alliance/
