Outrigger Impact has launched a blended-finance fund designed to provide equity and debt to blue-economy businesses in Small Island Developing States. The fund is targeting US$100 million and aims to help close the estimated US$10 billion annual adaptation-finance gap for islands. Its proposed investments include sustainable fisheries, circular economy, ecosystem restoration, coastal resilience, climate-smart infrastructure, clean energy and low-carbon shipping. The platform combines catalytic junior capital with a senior tranche for private investors and technical assistance for early-stage projects.