At the Bonn Climate Change Conference, Coral actively participated in the UNFCCC Global Innovation Hub's Systemic Innovation Workshop. The workshop gathered global leaders, innovators, and policymakers to discuss how systemic innovation can accelerate climate action on a broader scale.

One of the most exciting developments at the workshop was the unveiling of the City Challenge Project, where cities will take on a central role in scaling climate solutions. Coral’s contribution to this project will focus on providing accurate carbon tracking and reporting tools that cities can use to measure their impact and drive meaningful change.

Key themes such as collaboration and innovation were emphasized, and it became clear that partnerships between cities, governments, and innovators like Coral will be critical to achieving long-term sustainability goals.

Key Takeaways from London Climate Week

During London Climate Week, Coral had the opportunity to engage with a diverse group of stakeholders across finance, technology, and climate sectors. The event provided a platform for important discussions on how climate solutions can be financed and scaled effectively.

At the forefront of the conversation were carbon credits, with a focus on improving the validity and transparency of these instruments. Coral’s blockchain-enabled audit trail and AI-powered platform were recognized as powerful tools to address current concerns in the carbon credit market. We held promising discussions with several key players in the market about how our solutions can bring added credibility and confidence to carbon trading.

Why Collaboration is Key to Driving Climate Action

At both events, a recurring message was clear: collaboration across sectors is essential to driving impactful climate action. Whether it’s cities adopting innovative measurement tools or private enterprises integrating carbon solutions into their business models, the need for partnerships is undeniable.

Coral is committed to fostering these collaborations and building the necessary infrastructure to help governments, institutions, and businesses meet their sustainability goals.

Looking Ahead

Our participation in these events highlighted the growing recognition of the importance of carbon management tools and transparent carbon markets. Coral is in a unique position to contribute to this transformation through our technology and expertise.

As we move forward, we are excited to continue building relationships and driving progress at upcoming global events, including New York Climate Week and COP29. Stay tuned as we continue to advocate for and contribute to innovative solutions for a sustainable future.