Blog
Thought leadership on sustainability tech, emissions reporting, and real climate impact.
Saudi Arabia’s 2GW Battery Storage Deal and the Scope 2 Accounting Gap On 20 August 2026, the Saudi Power Procurement Company (SPPC), Saudi Arabia’s principal buyer of electricity, signed four agreements for 2GW of battery energy storage worth SAR 4.35 billion. It was the Kingdom’s first award of build-own-operate contracts for grid-scale storage. Every headline […]
The UAE Climate Law’s one-year transition period ended on 30 May 2026, making greenhouse gas (GHG) measurement a legal obligation for every in-scope entity in the country, with fines up to AED 2,000,000 and no size threshold. The single national filing date is expected to be extended pending the Ministry of Climate Change and Environment […]
Qatar has made IFRS S1 and S2 mandatory for banks and insurers from 1 January 2026, the first hard International Sustainability Standards Board (ISSB) mandate in the Gulf Cooperation Council (GCC). Bahrain’s rules are already live, Oman and Kuwait have moved from guidance into requirements, and the UAE and Saudi Arabia are converging on the […]
Saudi Arabia now offers two routes to carbon credits. RVCMC is a PIF- and Tadawul-backed trading exchange, and GCOM is the domestic mechanism for Saudi-origin projects. Almost all credits sold through RVCMC so far originate outside the Kingdom, and whether a credit is authorised under Article 6 decides what a buyer can legally claim. For […]
CBAM’s Definitive Regime Is Live: What GCC Steel and Aluminium Exporters Actually Owe in 2026 The EU’s Carbon Border Adjustment Mechanism (CBAM) entered its definitive regime on 1 January 2026, but a GCC steel or aluminium exporter owes very little in certificate cash for 2026, and nothing is payable until 30 September 2027. What is […]
Healthcare produces roughly 4.4% of global greenhouse gas emissions, and most of it is indirect. In the GCC, three upstream sources carry a disproportionate share and are routinely left out of measurement: anaesthetic gases vented from operating theatres (Scope 1), single-use devices whose emissions are embedded at manufacture (Scope 3), and imported pharmaceuticals produced outside […]
On 11 June 2026, the Science Based Targets initiative (SBTi) published Version 2.0 of its Corporate Net-Zero Standard, the framework most large companies use to set credible climate targets. The revision marks a change of emphasis rather than of principle. The first version rewarded the ambition of a target. The second is designed to test […]
Scope 3 Category 1, the cradle-to-gate emissions of purchased goods and services such as concrete, steel, and aluminium, accounts for the large majority of a construction company’s carbon footprint and is the most difficult category to report. In the GCC, the gap is wider because the library of verified Environmental Product Declarations is limited and […]
We’re glad to share that Mohammed AlNakhi has joined Coral’s Board of Advisors as Strategic Advisor, Energy & Net Zero. Mohammed knows the energy transition from the inside. With over two decades at bp, from hydrogen business development to his current role leading JV strategy and risk, and through Catalyst he’s spent years backing and […]