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The Coastal Risk Index: Building Resilience with Nature

ORRAA’s Coastal Risk Index (CRI) is a ground-breaking modelling tool that equips policymakers, financial institutions, investors, insurers and infrastructure project managers with unparalleled insights into ocean risks and the critical role of Nature-based Solutions in building cost-effective coastal resilience. During Ocean Day at COP16, ORRAA will showcase the newly launched CRI Data Platform and outline how it can be used to quantify the value of coastal ecosystems and inform risk management and resilience-building strategies. ORRAA will highlight how the CRI has been implemented in a case study for the Dominican Republic (DR) to map the impacts of flooding on vulnerable people and how Nature-based Solutions can be leveraged to build resilience along the DRs coastline. The panel will convene stakeholders to discuss where coastal risk data can be leveraged to increase finance into Nature-based Solutions and inform critical pathways at COP16 and beyond.

On track or off course? Achieving the 30×30 target in the ocean

This event will showcase the findings of a new report commissioned by the Bloomberg Ocean Fund and developed in partnership with Campaign for Nature, the Marine Conservation Institute, and SkyTruth. Off track or on course? Assessing progress toward achieving the 30x30 target in the ocean, assesses progress toward the global target of protecting and conserving 30% of the ocean by 2030.

Enabling Nature Markets for Coral Reef Conservation

This panel will bring together scientific, financial, standard-setter and practitioner perspectives to explore how rigorous coral biodiversity accounting and monitoring science can and should underpin high-integrity market-based approaches to finance coral reef conservation, such as coral biodiversity credits, stewardship incentives, insurance products and other mechanisms.

[Invite Only] Forging Coral Reef Resilience – A Now or Never Moment for Action

The high-level convening will emphasise the urgent need for the acceleration of resilience based strategies to protect coral reef ecosystems. Amidst the 4th mass bleaching, the event will encompass a high-level strategy session to overview needed actions including ecosystem-based approaches and targeted resilience solutions, as well as concrete steps being taken by states, philanthropies and private sector to scale efforts. A segment of the convening will also feature a discussion on the coming 2025 UN Ocean Conference (UNOC) and the significance of coral reefs in its action agenda. Following the main event segments, a networking convening will aim to facilitate collaboration among key stakeholders for coral action.

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Since 2016, Blue Pangolin Consulting has served as the Designated Administrative Representative for ICRI

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