The Ocean Risk and Resilience Action Alliance (ORRAA) seeks new finance and insurance innovations that build coastal resilience to ocean-derived risks. Organizations, local civil society, international NGOs and academia are invited to submit finance and insurance products that drive investment in coastal natural capital and increase resilience. Proposed projects must reduce ocean risk for the most vulnerable and protect biodiversity. Selected projects will receive customized support and benefit from tailored mentoring. The deadline for submissions is 17 December 2021. Link to the challenge