Oceans Risk and Resilience Action Alliance (ORRAA)
Working remotely from Monterey, California, USA with team in Washington, DC, USA
In-person team meeting in Poole, UK
June 15th – September 15th, 2023
A resilient, Net-Zero, and economically secure world is not possible without a healthy, regenerating ocean. However, one of the planet’s greatest assets is in crisis. Because immediate and scaled action is needed to build resilience to change, the Ocean Risk and Resilience Action Alliance (ORRAA) , a multi-stakeholder platform working in ocean finance, aims to drive at least USD$500 million of investment into coastal and ocean nature, positively impacting the resilience of at least 250 million climate vulnerable people in coastal areas around the world. ORRAA is actively engaged in the development and scaling of tools and initiatives that fill this gap.
As part of his Center for the Blue Economy (CBE) Fellowship, Diego will work on two initiatives: 1) the implementation phase of the High-Quality Blue Carbon Principles (HQBCP); and 2) ORRAA’s engagement with the Taskforce on Nature-related Financial Disclosures (TNFD) to develop a risk management and disclosure framework for organizations to report and act on nature-related risks. Diego will work closely with the ORRAA secretariat as well as with a team of consultants, hired by ORRAA, to move forward the HQBCP implementation as well as building a community of practice and early adopters. During his fellowship, Diego will also get the opportunity to support and work with the newly built Innovation and Scaling program under which these two areas of work will be connected to under the current ORRAA strategy.