Carbon Markets & Climate Policy

COP outcomes matter in the GCC when they change what gets funded, what gets bought, and what gets audited. COP29 (Baku, 2024) agreed a quantified post‑2025 New Collective Quantified Goal (NCQG) on climate finance, with developed countries taking the lead in mobilizing USD 300bn per year by 2035 for developing countries and a broader collective […]

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.

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.

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.