المدونة

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.

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Vienna-based Eisenburger Hortig is redefining sustainable fashion by blending European heritage with artistic expression through made-to-order, collaboratively crafted designs. Partnering with Coral, the brand is embracing transparent, traceable carbon accounting to set a new benchmark for sustainability across the fashion industry.

The COP28 climate summit in Dubai brought together governments, businesses, academia, civil society groups, and we were there.

The eyes of the world will be on Dubai in December 2023 as the city hosts COP28, the 28th annual UN climate change conference. As a startup focused on bringing transparency and trust to carbon markets, Coral is honoured to participate in this event and connect with like-minded leaders and organisations looking to usher in an equitable energy transition.

From Climate Change to Climate Crisis: Amidst growing global concerns and a sense of helplessness, Coral emerges as a beacon of hope. Offering full transparency in the carbon market, Coral ensures trust, veracity, and empowers individuals and organizations to take climate action responsibly. Together, we can make a difference.