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This discussion brief examines the challenges and potential pathways for mobilizing private finance for climate change adaptation in Least Developed Countries (LDCs), arguing that a compelling business case for large-scale private investment in this area has not yet been established.

This executive summary synthesises three reports from the Ocean Risk and Resilience Action Alliance (ORRAA) regarding the 'Blue Acceleration'—the rapid expansion of ocean-based industries. It highlights the systemic inequities of this growth, noting that benefits primarily flow to powerful states and corporations while Small Island Developing States (SIDS) and Least Developed Countries (LDCs) face disproportionate risks. The document emphasizes the need for multidimensional risk assessments, the integration of local and indigenous knowledge, and gender-transformative approaches to ensure an equitable and resilient ocean economy.