How much funding does ORRAA Canadian-Funded Project Grants (First Wave) provide?

ORRAA Canadian-Funded Project Grants (First Wave) provides $10,000 - $400,000 per project in funding.

When is the deadline for ORRAA Canadian-Funded Project Grants (First Wave)?

The funder has not published a deadline for this grant.

ORRAA Canadian-Funded Project Grants (First Wave) is described as a one-time opportunity.

Funding Amount

$10,000 - $400,000 per project

Deadline

Deadline not published

Grant Type

Foundation

Source: the cycle recorded on this listing. Confirm dates with the funder.

Funder: Government of Canada (CAD$9 million contribution announced at COP26 2021)

Program Status: First wave of projects selected November 2022 at COP27 in Sharm El-Sheikh, Egypt

Geographic Scope: Global South, with focus on:

Focus Areas:

Weather index-based parametric insurance for small-scale fishers
Blended finance facilities for effective Marine Protected Areas (MPAs) management
Parametric hurricane insurance for reef protection and coral bleaching coverage
Women's participation and visibility in coastal fisheries
Digital tools and apps connecting fishers with investors and microfinance

Award Breakdown (5 Projects Selected):

Rare Inc. - USD$400,000: Weather index-based parametric insurance for small-scale fishers in Philippines (targeting 50,000 fishers, 250,000 people impacted)
Blue Finance - USD$380,000: Design and structure USD$22 million blended finance facility for Marine Protected Area management (1 million hectares of coral reefs, 20,000 people benefiting from food security)
MAR Fund (with WTW) - USD$350,000: Parametric hurricane insurance for reef sites in Colombia, exploration for coral bleaching and rainfall-driven runoff insurance in Belize and Costa Rica
Stockholm Resilience Centre - USD$175,000: Increase visibility of women's contributions to coastal fisheries across Global South (with University of British Columbia and Stanford Center for Ocean Solutions)
Comunidad y Biodiversidad - USD$10,000: PescaData app seed grant for fisher-investor connection platform (operates in Mexico, Honduras, Colombia, Guatemala)

Background:

Government of Canada provided initial seed funding of CAD$2.5 million to establish ORRAA in 2019
Additional CAD$9 million announced at COP26 Glasgow as part of Canada's CAD$5.3 billion climate finance commitment
Selection followed global search to maximize impact on coastal resilience and ocean risk mitigation through finance and insurance product development

Source: IRS Form 990, 2024

By dollars: District of Columbia 61%, California 25%, Virginia 14%. Top recipient cities: Washington, DC; Arlington, VA; Orinda, CA.
0% of grants with a stated purpose were for general or operating support.

Global Fishing Watch Inc · Washington, DC

Online transparency-related tools

$673K
Ode PB LLC · Orinda, CA

Creative, technical and digital services for the coastal risk index

$341K
The Stimson Center · Washington, DC

Protocol for rapid corvi and assessment for toamasina and madagaskar

$304K
Rare Inc · Arlington, VA

Increase the financial resilience of coastal fishing communities

$138K
Conservation International · Arlington, VA

Metrics and guardrails to ensure quality blue carbon projects and credits

$85K