المدونة

A carbon credit represents the reduction or removal of one metric ton of CO2e (carbon dioxide equivalent). Credits are issued to verified projects and can be used by organizations to compensate for emissions in both regulated compliance programs and voluntary markets.

Broadly speaking, there are two types of carbon emissions (operational emissions and supply chain emissions). Operational emissions comprise Scope 1 and 2, while supply chain emissions are considered Scope 3.

The carbon credit market, often touted as a critical tool in the fight against climate change, has its share of challenges and controversies. While it is designed to incentivize emission reductions and support sustainability initiatives, several issues have plagued its effectiveness and integrity.

Climate disclosure regulations are setting the stage for a “trickle-down effect” that influences every industry and every stage of the supply chain.

Companies subject to climate regulation must select the appropriate carbon accounting protocol. Here are the two key protocols and how they align to major climate regulations.

We’re proud to announce the launch of Coral’s API on the Shopify platform, enabling businesses to embed emissions calculations and carbon offsets directly into their shopping experiences. With this integration, we’re making it easier for brands to empower their customers with informed, sustainable choices.

COP29 marked the operationalization of Article 6.4 under the Paris Agreement, a significant step forward for global carbon markets. This framework establishes standardized methodologies for emissions reductions, boosting transparency and collaboration across borders. In this blog, we explore the implications of Article 6.4 on nations, corporations, and the voluntary carbon market, along with Coral’s strategic role in empowering businesses to navigate this transformative shift.

The 29th Conference of the Parties (COP29) in Baku was a pivotal moment in the global climate conversation. This year’s event highlighted incremental progress in emissions reductions, the importance of clean energy investments, and the role of inclusivity in driving impactful climate solutions. Coral actively participated in key discussions, panels, and competitions, showcasing our innovative platform while contributing insights into transforming climate ambition into measurable action.

‍Dubai, UAE — 23 September 2024 — Coral, a UAE-based pioneering climate tech startup specializing in carbon emission management and offsetting solutions, announced today the successful closure of its seed round, securing $3 million in funding. The round was led by a group of seasoned tech investors with a cumulative 40 years of experience in the sector.